SEC Weighs Plan to Allow Blockchain-Based Stock Trading
The Securities and Exchange Commission is reportedly developing a plan to allow blockchain-registered versions of stocks to trade on cryptocurrency exchanges, marking a significant step toward integrating digital asset technology into traditional markets.
**Key developments this week:**
- **Robinhood CEO's bold prediction**: Vlad Tenev declared that "tokenization will eat the entire global financial system" following his Token2049 appearance
- **European stablecoin integration**: Deutsche Börse Group and Circle signed an MOU to integrate USDC and EURC into Deutsche Börse's financial market infrastructure
- **Swift's blockchain initiative**: The payments giant announced plans for its own blockchain to streamline transactions among global banks, with Bank of America, Citigroup, and NatWest as initial partners
- **Stablecoin platform launch**: Bridge (acquired by Stripe) launched Open Issuance, enabling businesses to create and manage their own stablecoins
These developments signal accelerating institutional adoption of blockchain technology across traditional finance, from stock trading to payment infrastructure.
