Solana Policy Institute Proposes Stock Tokenization Framework to SEC

Dubbed Project Open, the initiative aims to bring equity securities onto blockchains like Solana, enabling 24/7 trading, instant settlement, and increased market transparency.

Backers of the pilot project argue that tokenizing stocks could significantly cut costs and enhance market efficiency. The proposed framework supports “internet capital markets,” with the goal of making U.S. financial systems more accessible and resilient.

“Project Open is an embodiment of American progress in financial innovation,” said Miller Whitehouse-Levine, CEO of the Solana Policy Institute. He added that the institute is committed to working with the SEC and industry leaders to responsibly modernize capital markets.

READ MORE:

XRP Breaks Long-Term Downtrend: Key Level to Further Gains Revealed

This move aligns with growing industry interest in tokenized assets. BlackRock CEO Larry Fink recently emphasized in a letter to investors that “every stock, every bond, every fund—every asset—can be tokenized.”

If accepted, Project Open could mark a major shift in how equities are issued, traded, and settled in the United States.

The post Solana Policy Institute Proposes Stock Tokenization Framework to SEC appeared first on Coindoo.