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The willingness for Tokenized ETF is shown by the SEC Chairman Jay Clayton

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Crypto Business World Follow

INDIA

Oct, 14 2020

Oct, 14 2020

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In the recent interview, the chairman Jay Clayton has recently announced that the concept of tokenized exchange-traded fund will soon be launched. The regulation of the same will be given a try by the Securities and Exchange Commission. With the progressive development which is occurring, thatClayton has been seeing a good future with Tokenized ETF.


Understand more of Tokenized ETF

For those who are not aware about Tokenized ETF, well these days blockchain is considered to be important for securities trading.Nasdaq Linq blockchain was first used for conducting the private market securities which took place in the year 2015.recently, the Australian Securities Exchange also announced the pans of shifting the whole exchange solution to the blockchain. The world of cruse is adopting this technology and it has become crucial to investigate benefits of the tokenized securities to reduce internal costs and seem to create new products while existing shareholders can get increased value.


With the recent update that Clayton has shared in the Webinar with Chamber of Digital Commerce that took place, he clearly expressed his willingness to explore different ideas by which sticks can be tokenized. It has also been reported that several actions are already being taken by the regulatory body that would soon be showing a time when such idea will transform into a reality. 


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The information provided through the above Content is for informational purposes only. The Content is not intended to be, and does not, constitute financial advice or any other advice. You should consult with a financial professional to determine what may be best for your individual needs. We do not make any guarantee or other promise as to any results that may be obtained using our Content. To the maximum extent permitted by law, we disclaim any and all liability in the event any information, commentary, analysis, opinions, advice, and/or recommendations prove to be inaccurate, incomplete, or unreliable or result in any investment or other losses.


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