Subject: File No. 265-28
From: Craig Knocke

I support the tokenization of equity securities because I genuinely believe it’s the future of investing. The traditional system for owning and trading stocks feels outdated — slow, expensive, and full of middlemen. Tokenization changes that by using blockchain to make equity ownership more direct, transparent, and accessible to everyone. What really excites me is how it opens the door for more people to invest. Imagine being able to buy a small fraction of a company you believe in, without huge upfront costs or weeks of paperwork. That’s powerful — it levels the playing field in a way traditional markets never could. It’s also about efficiency and trust. Blockchain technology ensures every transaction is secure and traceable, which cuts down on errors and delays. Plus, it can make trading nearly instant, compared to the multi-day settlement times we’re used to. For me, supporting tokenization isn’t just about tech — it’s about innovation. It has the potential to reshape how companies raise capital, how investors participate, and how ownership itself works in the digital age. It just makes sense to embrace a system that’s smarter, faster, and more inclusive. This recommendation provides some broad principles that further the extensive work that the SEC has already done in this important area. I appreciate the thoughtful effort that the committee has put into the preparation of the recommendation presented here today. Thank you Craig Knocke IAC Member