It's an important day for 🇺🇸 financial markets. Today the SEC set out conditions for onchain trading of tokenized listed equities. Three of those conditions stand out: participants must be permissioned, the smart contracts must be public and auditable and they must be deployed on a public, permissionless ledger. We have been working on this combination of open and verifiable infrastructure with the controls institutions require for a long time. Onchain markets have now five years to show what they can do. We intend to use them well. More from us 🔜