Wall Street Wants To Tokenize Everything—But It First Needs The CLARITY Act

Benzinga_recent_news03:31

Blockchain was supposed to put Wall Street’s middlemen out of business. Instead, the middlemen are racing to build it. The appeal is real. Tokenized assets trade around the clock and can be lent out ...

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Instead, the middlemen are racing to build it.\nThe appeal is real. Tokenized assets trade around the clock and can be lent out ...</p>\n\n<a href=\"https://www.benzinga.com/markets/prediction-markets/26/06/53262117/wall-street-wants-to-tokenize-everything-but-it-first-needs-the-clarity-act\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.benzinga.com/markets/prediction-markets/26/06/53262117/wall-street-wants-to-tokenize-everything-but-it-first-needs-the-clarity-act","article_id":"2644247607","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=240,format=auto,quality=85/files/images/story/2026/06/17/Wall-Street-Bull.jpeg"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/prediction-markets/26/06/53262117/wall-street-wants-to-tokenize-everything-but-it-first-needs-the-clarity-act","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2644247607","pubTimestamp":1781724660,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Wall Street is racing to tokenize stocks, but the payoff hinges on the CLARITY Act. See why Trump ventures and regulatory gridlock have traders split.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","BK4600":"加密货币概念","ICOI":"Bitwise COIN Option Income Strategy ETF","COII":"REX COIN Growth& Income ETF","BK4112":"金融交易所和数据","COYY":"GRANITESHARES YIELDBOOST COIN ETF","CONI":"2倍做空COIN ETF-GraniteShares","LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","HOOG":"2倍做多HOOD ETF- Leverage Shares","COIO":"2倍上限加速COIN ETF-Leverage Shares","BK4595":"比特币概念","CONL":"2倍做多COIN ETF-GraniteShares","HOOD":"Robinhood","BK4551":"寇图资本持仓","COIA":"ProShares Ultra Coin ETF","HOOI":"Defiance Leveraged Long + Income HOOD ETF","BK4539":"次新股","ROBN":"2倍做多HOOD ETF-T-REX","CONX":"Direxion Daily COIN Bull 2X ETF","COIG":"2倍做多COIN ETF- Leverage Shares","HOOW":"Roundhill HOOD WeeklyPay™ ETF","HOII":"REX HOOD Growth & Income ETF","CONY":"COIN期权收益策略ETF-YieldMax","BK4554":"元宇宙及AR概念","HOOX":"2倍做多HOOD ETF-Defiance","COIW":"COIN周配息ETF-Roundhill","LU1861558580.USD":"日兴方舟颠覆性创新基金B","COIN":"Coinbase Global, Inc.","HOOY":"HOOD期权收益策略ETF-YieldMax","LU1861217088.USD":"贝莱德金融科技A2","BK4585":"ETF&股票定投概念","HODU":"Direxion Daily HOOD Bull 2X ETF","HOOZ":"2倍做空HOOD ETF-Defiance","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4127":"投资银行业与经纪业","HOYY":"GraniteShares YieldBOOST HOOD ETF","FIAT":"做空COIN期权收益策略ETF-YieldMax","BK4547":"WSB热门概念","BK4516":"特朗普概念","BK4535":"淡马锡持仓","BK4596":"哈里斯概念","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD"},"translate_title":"华尔街希望将一切代币化——但首先需要《清晰法案》","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CONY":0.6,"COII":0.6,"COIG":0.6,"COIN":1.9,"HOOX":0.6,"ROBN":0.6,"HOOZ":0.6,"HODU":0.6,"COYY":0.6,"HOOW":0.6,"CONI":0.6,"HOOG":0.6,"HOYY":0.6,"CONL":0.6,"HOII":0.6,"CONX":0.6,"COIA":0.6,"COIO":0.6,"HOOI":0.6,"HOOY":0.6,"FIAT":0.6,"COIW":0.6,"ICOI":0.6,"HOOD":1.86},"content_text":"Blockchain was supposed to put Wall Street’s middlemen out of business. Instead, the middlemen are racing to build it.\nThe appeal is real. Tokenized assets trade around the clock and can be lent out or posted as collateral, freeing up capital that sits idle today.\nThe catch is Washington. \nTokenizing US stocks requires the Digital Asset Market CLARITY Act, which the White House wants passed by July 4, now under three weeks away. But the bill is stuck in the Senate over President Donald Trump‘s crypto ties, and prediction markets give it barely better than a coin flip.\nThe CLARITY Act would define when a token counts as a security, the missing piece that lets a token legally stand in for a share. The House passed it in July 2025, and the Senate Banking Committee advanced its version in a 15-9 vote in May. It now sits on the Senate calendar.\nWhite House crypto adviser Patrick Witt set the July 4 target at the Consensus conference last month, though he conceded there was “not a lot of slack left in the rope.” \nPolymarket currently prices 2026 passage at 53%.\nOn the same Consensus stage, Sen. Kirsten Gillibrand (D-NY) gave a blunter read, predicting the bill would not reach the president’s desk until August.\nThe opposition runs deeper than optics, though. Massachusetts securities regulator William Galvin has called the bill a “recipe of disaster,” warning it would deregulate penny stocks and gut state investor protections. \nRobinhood already issues tokenized stocks abroad and runs a fast-growing prediction markets business, leaving it exposed both to the tokenization buildout and to the contracts traders are using to price the bill itself. \nCoinbase Global (NASDAQ:COIN) sits in a similar spot.\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2644247607","isCrawlerRequest":true}