{"id":3946,"date":"2024-12-09T15:33:57","date_gmt":"2024-12-09T15:33:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3946"},"modified":"2024-12-09T15:33:57","modified_gmt":"2024-12-09T15:33:57","slug":"whats-stalling-tokenized-securities-the-infrastructure-hurdle","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3946","title":{"rendered":"What&#8217;s Stalling Tokenized Securities? The Infrastructure Hurdle"},"content":{"rendered":"<div>\n<p>The future of digital asset securities is taking shape, with special purpose broker-dealer (<strong>SPBD<\/strong>) licenses carving out a path for regulated blockchain adoption. During a recent panel discussion at <strong><a href=\"https:\/\/www.benzinga.com\/digital-assets\">Benzinga\u2019s Future of Digital Assets<\/a><\/strong> conference, <strong>Aaron Kaplan,<\/strong> CEO of <strong>Prometheum<\/strong>, outlined how these licenses provide the essential framework for bridging blockchain technology with traditional financial markets.<\/p>\n<p>Prometheum, one of only two firms to hold this license, is positioned to drive the infrastructure needed for tokenized securities.<\/p>\n<h3 class=\"wp-block-heading\">Bridging Blockchain and Traditional Finance<\/h3>\n<p>Kaplan explained that SPBD licenses serve as the legal mechanism for custodying digital asset securities under federal securities laws. This structure is critical for connecting blockchain-based securities with established financial systems, supporting vital activities such as clearing, settling, and custody.<\/p>\n<p>\u201cThe special purpose broker-dealer is &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/24\/12\/42392014\/special-purpose-broker-dealer-licenses-reshape-digital-asset-securities-market\" alt=\"What's\" stalling tokenized securities the infrastructure hurdle>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The future of digital asset securities is taking shape, with special purpose broker-dealer (SPBD) licenses carving out a path for regulated blockchain adoption. During a recent panel discussion at Benzinga\u2019s Future of Digital Assets conference, Aaron Kaplan, CEO of Prometheum, outlined how these licenses provide the essential framework for bridging blockchain technology with traditional financial [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3946","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3946"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3946\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}