American SEC Commissioner and Cryptocurrency Mom Peirce: The market will ultimately determine the winners in the tokenization field.
Securities and Exchange Commission Commissioner Hester Peirce, known as the "crypto mom" in the digital asset world, stated that market forces ultimately determine the outcome between tokenized securities and other real-world assets. "We are willing to collaborate with individuals taking different approaches. We look forward to working with everyone, trying different models, and seeing how the market will respond," the official pointed out. Companies must properly disclose the nature of tokenized assets, as they may be a type of security with different characteristics. Supporters of tokenized securities argue that trading using blockchain technology will support around-the-clock trading and lower holding costs by dividing assets into smaller parts.
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