If only there was a shared token standard where kyc verification could be re-used across assets
And compliance was enforced at the token level programmatically
And those assets were composable with the rest of defi
Rumor mill is saying the SEC is gearing up to revamp KYC requirements so users only need to KYC once to access tokenized securities onchain.
Our sources are saying this would enable composability across different onchain venues & tokenization platforms to let users clear more volume by splitting orders across venues using a zk based identity system.