CTF Written Submission

RE: Comment on Regulatory Framework for Digital Assets and Tokenized Securities

July 7, 2025

  • The letter requests the SEC to issue interpretive guidance or no-action letters for tokenized insurance-backed bonds to provide legal clarity and support innovation.
  • It proposes the creation of a regulatory sandbox or pilot program for developing and testing tokenized insurance products in a controlled environment.
  • The letter recommends updating the SEC's "Framework for 'Investment Contract' Analysis of Digital Assets" to explicitly address tokenized real-world assets like insurance products.
     

Last Reviewed or Updated: July 7, 2025