The Securities and Exchange Commission (SEC) is working to create a debt instrument trading platform that uses distributed ledger technology (DLT).
This is part of the SEC’s strategy to encourage securities firms to participate in trading digital tokens and to improve its regulatory capabilities in the digital age. Jomkwan Kongsakul, deputy secretary-general of the SEC, shared that investments in tokens are gaining popularity.
The regulatory body has already approved four digital token projects and is currently reviewing two more, with a focus on green tokens and investment-based projects.
In addition, five other parties have expressed interest in working with the SEC to explore opportunities in soft power tokens and innovative fundraising solutions for green tokens.
Ms. Jomkwan added that the SEC will soon allow securities firms to trade digital tokens, tapping into their large investor bases.
