Does the Hester People’s statement help enhance the direction of the stock icon? star-news.press/wp

The distinctive symbol is heading, not only on X. Kaken and Robinhood they already allow their users to trade symbolic stocks. Matt Hougan of BitWise estimates the value of assets that can be symbolic for $ 257 trillion, a huge market that has not yet been represented in innovative markets. The organizers interact with this trend: The head of the US Securities and Stock Exchange Committee is encouraged Paul Atkins, the appearance of distinctive stocks, while his colleague Hester Peres warns of “unique risks.”

What does Heyster Peres say?

On July 9, 2025, the stock icon became the topic He issued a statement On SEC. Its mission, entitled “The witch but not magic”, was summarized by the media as: “The distinctive securities are still securities.”

In her letter, Pears confirmed that the distinctive securities qualify for the laws of the current securities. Blockchain does not convert securities into an encrypted currency or any other class of assets. Therefore, securities laws apply to symbolic assets, and investors and exporters must recognize this to avoid risks.

Regarding the “unique risks”, Pears pointed out that some securities are drawn by the entities that they have not issued, or that they distinguish security benefits. Traders must be aware of such possibilities because they provide the risks of the opposite party, while distinguished securities distributors must remember their disclosure obligations.

“Although a new Blockchain’s distinctive symbol, the process of issuing a tool is not so. The same legal requirements apply to versions inside and outside these tools.”

At the end of her statement, PEIRCE invites market participants to meet SEC representatives to work together to create a clear legal framework for symbolic securities circulation.

Gary Ginsner, SEC Speaker of Biden, was known to look at most unlicensed securities, which led to multiple legal battles. Hyster Pears statement is significantly different. It reminds the public that the form of securities does not change their legal essence. Jinsler claimed that Altcoins is securities. Pierce says securities are securities.

Does Pierce statement represent the position of the Supreme Education Council?

While Pierce’s comments are a warning, SEC President Paul Atkins made favorable data about distinctive stocks. As the multiple media reported, Atkins referred to the distinctive securities in the name of “innovation” and stated that SEC should offer innovation in the market.

an act SayBut Atkins does not suggest that current trading practices can remain unchanged. In the same interview, he pointed out that the distinctive securities are not a new product type, but they consider them useful for the market and seek to control the rules accordingly.

In general, Atkins and Peirce are aligned, so the PeIRCE statement perfectly matches the SEC chair vision.

What are the problems in the RWA markets?

Increased awareness between traders, market supervision, and bases amendments are vital, as there were recent incidents that companies denied their participation with the distinctive securities that are traded or announced by the markets.

One of these cases is the recent dismissal or Openai of the CEO of Robinhood Vlad Tenev that the distinctive Openai shares will be trading soon on Robinhood. TENEV later admitted that the “distinctive symbols” circulated on Robinhood do not qualify as Openai Equity.

What is the future of the distinctive stocks?

Vlad Tinif from Robenol called for the stock icon, believing that she would enable retail investors to trade securities and benefit from institutional traders as well. in Bloomberg interviewHe stated that SEC works with companies, including Robinhood, to adjust symbolic stock rules.

In a conversation noteSelect Cio Matt Hougan BitWise the distinctive stock market prospects. The total value of global stock and bond markets is estimated at $ 257 trillion, and the 1 Blockchains and markets are expected to compete for pieces of this emerging market. Hougan, CEO of Blackrock, Larry Fink, who said: “Every arrow, every bond, every box, everyone assets, can be symbolic.”

Compared to the distinguished stock market of $ 257 trillion, the Stablecoin market estimated at $ 2 trillion is expected by 2030. Hougan believes that the distinctive symbol can develop rapidly, and says the symbolic investors in the modern era “very early”.

“I still think it will take more than a decade before the majority of shares and bonds happen in the series. But with major financial companies such as Robinhood and Tradeweb in the position of themselves to move today, I began to wonder: Can the distinctive symbol of 1-5 % penetrate in a few years? Assets, including bitcoin.”