A Watershed for Crypto Regulation
The US crypto landscape is transforming rapidly, according to Securitize COO Michael Sonnenshein. In an interview with Bloomberg, the former Grayscale CEO noted a dramatic shift in Washington policy.
He compared the current regulatory landscape with that of previous years, noting that the Biden administration’s tougher enforcement now gives way to a gentler more conciliatory approach under the Trump campaign.
Lawsuits have now been put aside, the White House has a crypto head and the SEC has an active task force meeting with companies,” Sonnenshein stated.
Tokenization Speeds Up Under New Clarity
This rethinking on regulation is fueling the expansion of tokenized real-world assets (RWAs), Sonnenshein added. At Securitize, nearly $2.5 billion in assets—from U.S. treasuries to public equities—have already been tokenized on-chain using Ethereum and Polygon.
Unlike traditional markets, tokenized assets offer daily dividends, real-time liquidity, and 24/7 access.
BUIDL Fund and Explosive Growth
Sonnenshein mentioned Securitize’s collaboration with BlackRock on the BUIDL tokenized treasury fund as a significant milestone. The fund offers real-time redemptions and DeFi integration—a new frontier for digital assets.
He also stated that tokenized treasuries alone are growing over 500%, with recent successes including tokenizing publicly listed company Exodus.
SEC Transition Will Be Key
Looking forward, Sonnenshein stressed the need for ongoing dialogue as the SEC undergoes leadership changes.
“If we’re going to expand access to RWAs or revisit accredited investor definitions, that collaboration with regulators is essential,” he concluded.
