The regulatory attitude of the U.S. Securities and Exchange Commission (SEC) has undergone a significant shift, bringing a potential revolutionary change to the financial markets. The new chairman, Paul Atkins, has abandoned the previous hardline enforcement stance and is instead promoting "encryption projects" aimed at modernizing securities regulations. This initiative prioritizes the tokenization of stocks, clearing regulatory hurdles for securities trading on the Blockchain.

This policy adjustment may allow stocks of well-known companies such as Tesla and Nvidia to be traded in tokenized form on the blockchain. Investors may no longer need to go through traditional brokers but can trade directly on cryptocurrency exchanges around the clock, significantly increasing settlement efficiency. This transformation directly challenges the operational model of the traditional financial system.

In response to this trend, traditional financial institutions such as Nasdaq have begun to actively adapt. Nasdaq plans to introduce tokenization technology into its core trading market and promote the reform of the "24×5" trading model. Large asset management companies like BlackRock have also taken action, with their $2 billion tokenized money market fund proving the market's demand for such innovations. Galaxy Digital has even become the first publicly traded company to tokenize SEC-registered stocks on the Solana network, setting a precedent for compliant stocks on-chain.

For investors, the reality of asset tokenization (RWA) is on the brink of explosion. Projects focused on securities tokenization, such as Ondo Finance and MANTRA, are worth paying attention to. Meanwhile, high-performance public chains like Solana and Avalanche may also become major beneficiaries of this transformation. Solana, with its fast and low-cost transaction advantages, has achieved significant trading volume on the xStocks platform.

Despite the challenges of system coordination and other issues, the trend of Wall Street infrastructure migrating to Blockchain has become clear. In the long run, advantages such as instant settlement and enhanced global liquidity could fundamentally change the rules of operation in financial markets. For investors, focusing on RWA projects with compliance advantages and high-performance public chain ecosystems may become the key to seizing the opportunities presented by this financial transformation.