SEC reportedly prepares one-time KYC for tokenized securities access

  • SEC is reportedly preparing one-time KYC access for on-chain tokenized securities.
  • One verification would support larger orders split across multiple trading venues.
  • The framework would use a unified on-chain identity standard, pending SEC confirmation.

The SEC (U.S. securities regulator) is reportedly preparing to revise KYC (identity verification) requirements so users would verify their identities once to access tokenized securities on-chain. The change is designed to remove redundant checks between trading venues and tokenization platforms, improving composability and interoperability. A zero-knowledge proof-based identity system would allow users to split larger orders across multiple venues while maintaining compliance through a unified on-chain identity standard. The Rollup founder Andy previously attributed the information to a source, and the SEC has not officially confirmed the reported changes.

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