Citadel wrote to the SEC, calling for stronger regulation of tokenized assets and DeFi

According to Cointelegraph, Citadel has sent a letter to the U.S. Securities and Exchange Commission (SEC), calling for increased regulation of tokenized assets and decentralized finance (DeFi).

Citadel stated that the success of tokenized securities must be based on their own value, rather than relying on regulatory exemptions. Therefore, despite its support for the committee's initiatives aimed at promoting innovation and positioning the U.S. as a leader in the digital finance space, it is crucial to avoid crossing key investor protection measures when trading tokenized securities. Tens of millions of Americans rely on the U.S. stock market to secure their future after retirement, and they must continue to benefit from it.