The post The 3-day wait to settle your stock trades is about to die, thanks to a new SEC approval you missed appeared on BitcoinEthereumNews.com.

The Depository Trust Company, the U.S. financial market infrastructure provider that clears and settles securities trades, said the SEC has given it informal approval to move ahead with a tokenization service for some assets it already holds in custody, without facing enforcement action. The letter sets conditions for a time-limited rollout and ongoing reporting while keeping the underlying securities on DTC’s existing custody rails. It would allow DTC to offer DTCC Tokenization Services in a controlled production environment under federal securities laws and regulations. DTC anticipates a rollout in the second half of 2026. SEC grants conditional green light for DTC’s tokenization pilot According to the SEC staff response dated Dec. 11, the staff would not recommend enforcement action against DTC in relation to its operation of a “Preliminary Base Version” of the service under Regulation Systems Compliance and Integrity (Reg SCI), Exchange Act Section 19(b) and Rule 19b-4, and Exchange Act Rules 17Ad-22(e) and 17Ad-25(i) and (j). The staff said the position is based on the facts presented, does not state legal conclusions, and can be modified or revoked. The structure described in DTC’s request letter and the staff response treats tokenization as an alternate way to record a participant’s “security entitlement,” rather than a change to the registered owner, nominee framework, or the legal basis that governs indirectly held securities. The securities would remain registered in the name of Cede & Co., while a DTC participant that opts in could instruct DTC to represent its entitlement using a token held in a registered blockchain wallet. Under the operational flow described, DTC would debit the participant’s eligible book-entry entitlement from its DTC account, credit the securities to a “Digital Omnibus Account” on DTC’s centralized ledger that reflects the aggregate of tokenized entitlements, then mint and deliver a token to…

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Filed under: News - @ December 12, 2025 6:27 pm