SEC Guidance Further Solidifies Status of Tokenized Assets

Partners Katie Mills and Scott Budlong’s article in Law360, “SEC Guidance Further Solidifies Status of Tokenized Assets,” examines how regulators are approaching tokenized securities, emphasizing that digitizing an asset does not change its legal status under U.S. securities laws.

They highlight how recent SEC and CFTC guidance confirms that tokenized assets remain subject to traditional regulatory frameworks, regardless of how they are recorded or transferred.

“As powerful as blockchain technology is, it does not have magical abilities to transform the nature of the underlying asset,” they note. “Tokenized securities are still securities.”