According to Bloomberg, former SEC Chairman Arthur Levitt Jr. criticized SEC the recently released proposal for rules to retailize private markets and proposed strengthening requirements for fee, valuation, and return disclosures.
According to PANews, Ondo Private Markets said that the OpenAI Private Markets Note has launched on the Ondo Perps spot order book, offering qualified investors tokenized economic exposure linked to the performance of OpenAI private companies.
Binance CEO Richard Teng stated at Token2049 that demand for tokenized stocks and private-market products is substantial, but inadequate information flow continues to constrain the development of some private markets.
DCG said that the U.S.SEC proposed last week to reform the accredited investor regime, potentially allowing some investors to qualify to participate in private markets through examinations and other means.DCG said that its founder, Barry Silbert, had proposed a similar idea approximately 15 years ago.
DTCC and iCapital announced a strategic partnership and investment, planning to integrate alternative-investment infrastructure and explore the applications of DLT and tokenization in private markets.