Securitize COO Sonnenshein on crypto’s new era: ‘lawsuits dropped, SEC listening’

Securitize COO Sonnenshein on crypto’s new era: ‘lawsuits dropped, SEC listening’


The American cryptography industry underwent an important turning point with the help of the White House, according to the chief security of the Michael Sonnenshein.

Speaking during an interview on Bloomberg TV, the former CEO of Graycale discussed the obvious change in the way the White House deals with the cryptographic industry. In particular, the tone of the Biden administration was defined by implementing measures while the Trump administration reports a desire to collaborate in innovation.

“It’s really night and day,” said Sonnenshein. “The crypto was still operating within the framework of a regulatory plan by application. Now the prosecution has been abandoned, the White House has a crypto chief and the SEC has actively met a working group with companies. ”

https://www.youtube.com/watch?v=iwcy1umWhfg

This new regulatory backdrop, he said, lays the basics of the rapid rise in TOKENISE REAL ACTIVED. At Securitize, which operates the largest tokenization platform to date, the company has already reported nearly $ 2.5 billion in assets – ranging from treasury bills to public actions – on public blockchains like Ethereum and Polygon.

Sonnenshein stressed that tokenization is not only a question of media threshing, it is a question of improving the experience of investors by offering daily dividends, instant liquidity and 24/7 access. These are all unique advantages that are not available for investors in “traditional financial products,” he said.

He underlined the company’s partnership with BlackRock on the Buidl Tokenized Treasury Fund as an excellent example, noting its ability to offer real -time buyouts and use in DEFI ecosystems.

As treasury bills and token actions develop, Sonnenshein expects the momentum to continue throughout the year.

He said security notes growth rates above 500% in tokénized treasury bills alone while marking recent milestones such as exodus tokenization, a listed company.

In the end of the leadership transition from the dry, Sonnenshein stressed the importance of continuous dialogue.

“If we will extend access to Rwas or revisit the accredited definitions of investors, this collaboration with regulators is essential,” he said.

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