Blockchain Association Submits Response to SEC, Refutes Citadel's Opinions on Tokenized U.S. Stocks and DeFi Trading Protocols

Foresight News reports that the Blockchain Association tweeted today, stating it has submitted a response document to the U.S. Securities and Exchange Commission (SEC), refuting Citadel's arguments regarding tokenized U.S. stocks and DeFi trading protocols. The Blockchain Association emphasized that it has facilitated CEO Summer Mersinger's participation in the tokenization hearing and initiated a tokenization policy workflow. Tokenization represents the next phase of infrastructure upgrades in capital markets and should not be equated with traditional financial intermediaries. The SEC should leverage existing regulatory tools to support responsible innovation rather than hinder development. Previously, Citadel expressed its hope that the SEC would treat the blockchain infrastructure behind tokenized markets as equivalent to traditional financial intermediaries and regulate it accordingly.