Matter Labs files SEC comment letter on Tokenized Securities Venue order

Matter Labs, the firm behind ZKsync, submitted a public comment letter to the SEC on the agency's Tokenized Securities Venue (TSV) exemptive order (File No. 4-927). Matter Labs said it supports the order and asked the Commission to confirm that validity proofs verified on a public, permissionless ledger meet the specified requirements of the exemption.

The TSV order, issued by the SEC, grants temporary conditional relief from the definition of "exchange" to venues trading tokenized NMS stock using permissioned automated market maker liquidity pools. ZKsync highlighted the submission on its X account as part of Matter Labs' ongoing engagement with US securities regulators on tokenized securities infrastructure.