working to integrate tokenized securities into defi for public, retail, and worldwide use in a regulated (e.g. SEC-compliant) way
working to integrate tokenized securities into defi for public, retail, and worldwide use in a regulated (e.g. SEC-compliant) way
This page is where we publish on-going research about issues relating to the tokenization of securities in the US.
We’re excited to share the first full draft of our framework for bringing regulated securities into the DeFi ecosystem. This whitepaper explains the technical details of how compliance, privacy, and composability can unlock new capital markets onchain, without sacrificing decentralization.
We are actively developing a beta demo version of the framework and are seeking feedback from collaborators (regulators, industry partners, and builders) who share our goal of shaping compliant, interoperable onchain markets.
If you are interested in getting involved, we'd love to hear from you.
The Digital Securities Initiative is developing a framework to bring regulated securities into the DeFi ecosystem while preserving openness and composability. Our approach leverages zero-knowledge proofs to enable compliance checks that protect privacy and support cross-border capital flows.
We have shared the framework with U.S. regulators, including the SEC Crypto Task Force and the Treasury Department, who responded positively.
The materials below outline our vision, from high-level context to the full technical details:
We are actively developing beta demo versions of the framework and are seeking feedback and collaborators (regulators, industry partners, and builders) who share our goal of shaping compliant, interoperable onchain markets.
Who we are
The Digital Securities Initiative is an open collaboration with no incorporated entity or member dues required to participate. Contributing organizations sponsor their own team members to spend time on the initiative when it is in their interest.
It was started by Confusion Capital, which is involved in the Reserve project. Reserve has a vision that depends on securities being available within DeFi, but is not itself involved in security tokenization and has no financial interest in any security tokenization company.
To learn more, read our introduction.
Who we are
The Digital Securities Initiative is an industry-wide collaborative effort with no incorporated entity or member dues required to participate. Contributing organizations sponsor their own team members to spend time on the initiative when it is in their interest.
It was started and is led by Nevin Freeman, who is part of the Reserve project, which has a vision that depends on securities being available within DeFi, but is not itself involved in security tokenization and has no financial interest in any security tokenization company.
To learn more about the initiative and who is involved, read our introduction.
