The SEC will hold a roundtable meeting on asset tokenization on the 12th ("To -k eniza tion: Moving As sets On chain: Where Trad Fi and DeFi Meet."), and its chairman Paul Atkins will also give a speech. This can be considered as sounding the horn of asset on chain. In the coming years, in addition to the wave of stablecoins, the possibility of even more assets on chain, such as US bonds and stocks, will greatly increase.