Hester Peirce: SEC Ready to Work With Tokenized Asset Issuers

SEC’s Hester Peirce: Regulator Ready to Work With Tokenization Projects

SINGAPORE — SEC Commissioner Hester Peirce said Tuesday that the agency is open to collaborating with industry players exploring tokenization, while acknowledging the regulatory challenges of aligning blockchain-based assets with traditional securities.

“We are willing to work with people who want to tokenize. We urge them to come talk to us,” Peirce said at the Digital Assets Summit in Singapore.

Tokenized securities — digital representations of assets such as stocks and bonds — can coexist alongside paper and electronic forms, raising questions about how the different versions of the same security interact.

“Depending on how things are tokenized, it could be one of many different things,” Peirce noted, emphasizing the need for careful regulatory treatment of tokenization.

Tokenization has become one of the most practical applications of blockchain, alongside stablecoins, as global financial institutions adopt the technology to boost liquidity, settlement speed, and market efficiency.

As of Tuesday, on-chain tokenized assets were valued at $31 billion, including $714 million in tokenized stocks, according to RWA.xyz. Consulting firm McKinsey projects the sector could grow to $2 trillion by 2030, underscoring its potential to reshape global finance.