Fidelity has submitted a formal letter to the Securities and Exchange Commission (SEC) outlining demands for clearer crypto market infrastructure rules.
The firm called for defined standards on tokenized securities, revised decentralized finance (DeFi) reporting requirements, and guidance on distributed ledger recordkeeping.
According to Fidelity, regulatory clarity is essential for institutional participation in digital assets. The firm estimates that up to $5 trillion in institutional capital could be unlocked by 2026 under a clear U.S. framework.