Project Open aims to trial equity securities issuance on public blockchains via a pilot program submitted to the SEC. The initiative focuses on utilizing blockchain’s zero settlement times to lower costs and enhance trading efficiency.
The pilot program, introduced by the Solana Policy Institute, Superstate, and Orca, will run for 18 months. Investors engaging in trading must complete KYC procedures and related training, highlighting a push for accessible and efficient capital markets.
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