gtag('config', 'G-0PFHD683JR');
Bitcoin

Fairmint send a suggestion to SEC to update private stocks with Web3 Tech

The original companies are encrypting the efforts made to influence the organizational guidance on digital asset transactions. On Monday, the Fermin’s transport agent proposed a framework for the Checks for Securities and Stock Exchange (SEC) in the United States (SEC), which targets what he described as an old and combined rear infrastructure in private securities management.

It was presented to the Speaker of the Securities Persons, Paul Atkins and Commissioner Hyster Peres Goals Standardization of the infrastructure of the inter -operation through transportation factors, the introduction of the actual time observation of the Blockchain and the enabled the self -improvement of investors with compliance guarantees.

It also calls for a transition to knowledge -based accreditation criteria, and to stay away from traditional income thresholds and clear value offers, and the owner of a central financing (Defi).

https://www.youtube.com/watch?

Private shares refer to investing in private companies, instead of publicly traded companies. According to the S& P Global, the size of the global private stock market receipt 5.3 trillion dollars in 2023 and is expected to grow to $ 6 trillion by the end of 2024.

According to Fairmint, the private stock industry relies heavily on expensive priced spreadsheet programs that do not contain settlement capabilities, while public markets have more options available. Among the company’s customers, the infrastructure provider and the social media -based social media system.

“The companies privately manage the maximum billion dollar tables at Excel while public companies are organizing infrastructure,” said Goris Dylanoi, CEO of Fermin’s company. “This creates unnecessary friction and compliance gaps and shorten the formation of American capital.”

Related to: Bitcoin 2025 builders expect that Defi will cancel traditional financing

Earn the distinctive symbol traction

The SEC Crypto Business Squad explores organizational paths at the intersection of traditional and digital assets. The agency has held two major organizational rounds over the past few weeks, and the inputs of the industry have received the distinctive symbol and decentralized financing.

Financial companies are also exploring the code of companies listed for the public. For example, the Robinhood retail platform for the Blockchain network is planning to enable the trading of the shares listed in the United States for Europeans. The CEO of Robinhood Vladimir Tenev recently said that the distinctive symbol, including private stocks, will be the next focus of the company.

Souq Stock Code maximum. source: rwa.xyz

Magazine: Trafi builds Ethereum L2S for trillion symbols in RWAS – Inside Story