Japan Exchange Group has started looking into raising funds through issuing security tokens.
Regulated institutions can use the new protocol to create tokens for their customers.
Forge, Societe Generale’s digital assets arm issued digital covered bonds and structured products.
Clearstream and Northern Trust will also participate.
SEC Chair stresses that virtual products are implicated by securities laws.
SMEs will be able to raise financing through digital tokens.
More than 40% of overall U.S. equities trading volume was off-exchange last year.
The paper noted the importance of maintaining robust controls and protections as Infrastructure is developed.