The U.S. Securities and Exchange Commission (SEC) is exploring a potential waiver order that could fundamentally change how tokenized securities are issued, traded, and settled. Commissioner Hester Peirce, known for her progressive stance on blockchain, is leading this initiative. She aims to enable new trading opportunities for these securities while ensuring investor protection. This proposal would allow businesses to utilize blockchain technology effectively, potentially boosting capital formation and efficiency in the process. 2025 saw the SEC announce its consideration of a registration waiver order that could reshape how tokenized securities are issued, traded, and settled. The potential exemption reflects the SEC’s commitment to innovation while maintaining investor safety. Hester Peirce emphasizes the importance of balancing the need for both. New regulatory approaches may further integrate blockchain into traditional markets.