SEC pushes ahead with 24-hour deal, Bullish $4.2 billion acquisition draws attention

According to Woofun AI, the US Securities and Exchange Commission issued two announcements on Tuesday to simultaneously advance 24-hour trading discussions and modernization of securities transfer agency rules with the aim of reshaping market infrastructure through blockchain technology.

On September 17, the Washington headquarters will host a round table. Institutions such as the New York Stock Exchange (ICE.US), NASDAQ 100 (QQQ.US), State Bank (STT.US), Castle Securities, Chicago Board Options Exchange (CBOE.US), DTCC, and Robinhood (HOOD.US) will discuss the difficulties of implementing transactions around the clock. The topics covered night monitoring, closing price mechanisms, clearing and settlement, and system maintenance.

Data compiled by Woofun AI shows that traditional giants and emerging platforms are working together to address technical challenges in continuous operation systems.

The core controversy of the new regulations focuses on the regulatory game of blockchain as an official record carrier and identification method. Paul Atkins pointed out that the 60-day rule for public comment will update decades-old regulations, allow the use of electronic means of communication and blockchain technology, but reinforce cybersecurity requirements. Hester Pierce questioned whether the collection of names and physical addresses should still be mandatory, or whether the use of email addresses and digital wallet addresses should be allowed.

Industry background and capital trends reflect the revaluation of transfer agents. CoinDesk's parent company Bullish recently acquired Equiniti for $4.2 billion. This heavy arrangement highlights the key position of securities transfer agents in the tokenized securities era and indicates that traditional financial infrastructure is accelerating the migration to Web3 architecture.