SEC Commissioner Hester Peirce has indicated she is willing to work with Wall Street on emerging exchange-traded fund products related to cryptocurrencies and tokenization.
“We want to work with people to develop new products,” Peirce said in an exclusive interview with “ETF Edge” host Dominic Chu this week. “Why don’t you actually come and talk to us about what you’re trying to do? We want to work with you so you can experiment to see if the market wants your product.”
Peirce joined CNBC from VettaFi’s Exchange 2026 conference in Las Vegas.
“I came here because this is a very important part of what we regulate,” she said.
Asked about the tokenization of financial products, Peirce said interest is growing.
“It’s not the SEC’s job to decide how the market moves forward,” she said. “But tokenization is one of the areas where since the administration has changed and attitudes towards cryptocurrencies and blockchain have changed, people have come to us and said, ‘We really think there is potential for tokenization here.’”
Peirce also addressed regulatory priorities as new ETFs become more accessible to retail investors.
“We want to do it [work with issuers] “In a way that respects investor protection,” Peirce said, “It’s not our job to say which products are good or bad. It’s our job to work with sponsors to make sure they disclose what those products are and what risks they pose. [and] What are they intended to be used for? ”
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