For decades, the U.S. securities industry has operated under infrastructure and regulations designed for a pre-digital age. But a tectonic shift is underway. In an unprecedented move, SEC Commissioner Hester Peirce has proposed a conditional exemption that could allow firms to issue, trade, and settle securities using distributed ledger technology (DLT) — without immediately being bound by certain legacy regulatory requirements.
For those of us building financial tools for the next generation, this is more than just a policy tweak — it's the beginning of a new financial era.
Commissioner Peirce’s proposal isn’t a blank check. It’s a carefully crafted framework that opens up space for responsible experimentation. Under this exemption, qualifying firms would be able to:
Firms would still need to ensure:
This is not deregulation. It’s smart regulation — finally catching up to the promise of programmable finance.
The capital markets still largely run on batch processing, T+2 settlement, and fragmented databases. Even the DTCC, which processes quadrillions of dollars annually, acknowledges the inefficiencies. That’s why they launched the Smart NAV initiative, which tokenizes mutual fund data and feeds it to blockchain-native environments — a clear signal from the industry’s core that DLT isn’t fringe — it’s infrastructure.
“There is no reason why the core plumbing of the markets should remain stuck in the 1990s.”
— Thomas Carter, CEO of Deal Box
DLT opens the door to real-time settlement, 24/7 trading, full auditability, and fractionalized ownership of previously illiquid assets — from startup equity to real estate, revenue-sharing agreements, and royalties.
This is why the SEC’s move matters: it legitimizes tokenized securities as a core component of tomorrow’s markets.
Analysts from Boston Consulting Group project that tokenized real-world assets (RWAs) will exceed $16 trillion by 2030, but more recent estimates, especially following BlackRock’s and Citi’s on-chain experiments, now point toward $30–35 trillion in tokenized assets globally.
What counts as a tokenized security?
In short: anything of value that can be digitized, fractionalized, and traded under enforceable rights.
We didn’t pivot into tokenization — we were built for it.
Since 2020, Deal Box has been designing systems to bring compliance, liquidity, and investor access to private markets. Long before the SEC acknowledged the need for a DLT regulatory exemption, we were solving for:
We didn’t just dream of a tokenized future — we built it and brought founders, funds, and financial institutions along for the ride.
Explore our breakdown:
How Bitcoin Unlocked the $30 Trillion RWA Market
The SEC isn’t acting in a vacuum. Here’s a sample of institutional moves over the last 18 months:
The barriers are no longer technological — they’re legal and regulatory. With this SEC exemption, that dam is starting to break.
Our mission is simple: create a smarter, faster, more inclusive way to fund innovation.
And that starts with infrastructure. Deal Box offers:
In short, we offer a full-stack solution to bring private markets into the programmable economy.
Let’s be clear — we’ve been pushing this conversation forward for years. Don’t just take our word for it:
Deal Box Platform Simplifies $867 Trillion Tokenization Opportunity
Every article. Every campaign. Every platform feature. It was all designed around a single core belief:
Tokenized capital markets are inevitable — and better.
1. Founders:
Prepare your cap table for digital securities. Raising through traditional notes or safes? We can help you convert those into smart securities with full investor access and custody options.
2. Fund Managers:
Tokenize your fund shares and unlock compliant secondary trading. Give your LPs liquidity — and attract younger, blockchain-native investors.
3. Investors & Family Offices:
Look beyond public markets. Tokenization brings institutional-grade alternatives to your fingertips. Gain access to real estate, startups, and private credit — with wallet-native settlement and transparent tracking.
As the SEC brings regulatory clarity to digital finance, Deal Box is proud to be the bridge between the old system and the new standard.
This isn’t the future.
It’s now.
And we’re ready.
For decades, the U.S. securities industry has operated under infrastructure and regulations designed for a pre-digital age. But a tectonic shift is underway. In an unprecedented move, SEC Commissioner Hester Peirce has proposed a conditional exemption that could allow firms to issue, trade, and settle securities using distributed ledger technology (DLT) — without immediately being bound by certain legacy regulatory requirements.
For those of us building financial tools for the next generation, this is more than just a policy tweak — it's the beginning of a new financial era.
Commissioner Peirce’s proposal isn’t a blank check. It’s a carefully crafted framework that opens up space for responsible experimentation. Under this exemption, qualifying firms would be able to:
Firms would still need to ensure:
This is not deregulation. It’s smart regulation — finally catching up to the promise of programmable finance.
The capital markets still largely run on batch processing, T+2 settlement, and fragmented databases. Even the DTCC, which processes quadrillions of dollars annually, acknowledges the inefficiencies. That’s why they launched the Smart NAV initiative, which tokenizes mutual fund data and feeds it to blockchain-native environments — a clear signal from the industry’s core that DLT isn’t fringe — it’s infrastructure.
“There is no reason why the core plumbing of the markets should remain stuck in the 1990s.”
— Thomas Carter, CEO of Deal Box
DLT opens the door to real-time settlement, 24/7 trading, full auditability, and fractionalized ownership of previously illiquid assets — from startup equity to real estate, revenue-sharing agreements, and royalties.
This is why the SEC’s move matters: it legitimizes tokenized securities as a core component of tomorrow’s markets.
Analysts from Boston Consulting Group project that tokenized real-world assets (RWAs) will exceed $16 trillion by 2030, but more recent estimates, especially following BlackRock’s and Citi’s on-chain experiments, now point toward $30–35 trillion in tokenized assets globally.
What counts as a tokenized security?
In short: anything of value that can be digitized, fractionalized, and traded under enforceable rights.
We didn’t pivot into tokenization — we were built for it.
Since 2020, Deal Box has been designing systems to bring compliance, liquidity, and investor access to private markets. Long before the SEC acknowledged the need for a DLT regulatory exemption, we were solving for:
We didn’t just dream of a tokenized future — we built it and brought founders, funds, and financial institutions along for the ride.
Explore our breakdown:
How Bitcoin Unlocked the $30 Trillion RWA Market
The SEC isn’t acting in a vacuum. Here’s a sample of institutional moves over the last 18 months:
The barriers are no longer technological — they’re legal and regulatory. With this SEC exemption, that dam is starting to break.
Our mission is simple: create a smarter, faster, more inclusive way to fund innovation.
And that starts with infrastructure. Deal Box offers:
In short, we offer a full-stack solution to bring private markets into the programmable economy.
Let’s be clear — we’ve been pushing this conversation forward for years. Don’t just take our word for it:
Deal Box Platform Simplifies $867 Trillion Tokenization Opportunity
Every article. Every campaign. Every platform feature. It was all designed around a single core belief:
Tokenized capital markets are inevitable — and better.
1. Founders:
Prepare your cap table for digital securities. Raising through traditional notes or safes? We can help you convert those into smart securities with full investor access and custody options.
2. Fund Managers:
Tokenize your fund shares and unlock compliant secondary trading. Give your LPs liquidity — and attract younger, blockchain-native investors.
3. Investors & Family Offices:
Look beyond public markets. Tokenization brings institutional-grade alternatives to your fingertips. Gain access to real estate, startups, and private credit — with wallet-native settlement and transparent tracking.
As the SEC brings regulatory clarity to digital finance, Deal Box is proud to be the bridge between the old system and the new standard.
This isn’t the future.
It’s now.
And we’re ready.