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SEC’s Uyeda Backs Tokenization-Friendly Rules

SEC’s Uyeda supports tokenization rules

Catenaa, Friday, February 13, 2026- US Securities and Exchange Commission Commissioner Mark T. Uyeda said the agency seeks to adapt existing securities laws to tokenized assets without creating unnecessary obstacles for market innovation.

Speaking at the Asset Management Derivatives Forum, Uyeda emphasized that blockchain-based securities are not outside the SEC’s remit.

Tokenized versions of traditional securities remain subject to registration, disclosure, and investor protection requirements, even as technological innovations enable new methods of issuance, custody, and transfer.

Uyeda described tokenization as moving from theory into early-stage practical application.

He cited a recent exemptive application by WisdomTree Digital Trust, which seeks relief under the Investment Company Act to allow affiliated dealers to trade shares of a money market fund on tokenized platforms.

The SEC’s consideration of such requests reflects openness to modernization, provided regulatory objectives are met.

The commissioner stressed that the SEC’s approach is technology-neutral and outcome-focused.

By translating existing rules into onchain environments, the agency aims to preserve investor protections while enabling more direct issuer-to-investor interactions on programmable digital rails.

Uyeda added that market demand and confidence, rather than new regulatory roadblocks, should determine the pace of tokenization adoption.

His remarks reinforce the SEC’s evolving stance toward digital securities, signaling support for tokenized fund structures and other onchain applications that comply with longstanding securities laws.