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REDDIT

Recent updates to tokenization services, SEC

Z
Dec 29, 2025 · 15:19

Has anyone mentioned or discussed the No-action letter from the SEC, regarding the pilot program of DTCC tokenization services issue on Dec.11.25?

https://www.sec.gov/files/tm/no-action/dtc-nal-121125.pdf

I am interested in people opinion on this new program and if there can be a solutions for it. The leverage this will provide to direct participants (banks, brokerage, etc ) will put a strain on the average investor.