PayPal Exec Joins Tokenization Crusade-Chaos, Comedy, and Crypto Ensue!

Major tokenization platform Securitize has decided to kick things up a notch-because why not toss a little showbiz into securities? They’ve hired a former PayPal executive as their new general counsel, presumably someone who can wrangle both lawyers and blockchain technology without breaking into a tap dance… unless absolutely necessary. 💃🕺

On Tuesday, Securitize proudly announced the arrival of ex-PayPal dynamo Jerome Roche, the mastermind behind PayPal’s adventures into digital assets-including the PYUSD stablecoin, which is basically the financial equivalent of a very responsible pet rock. 🪨💸

The company insists its tokenized securities are already available to US investors-challenging the long-standing myth that everything crypto must take place in exotic locales like the Cayman Islands, Switzerland, or your cousin’s basement.

“There’s been this perception that tokenized securities have to be shipped overseas like contraband fruit,” Securitize CEO Carlos Domingo told CryptoMoon. “Turns out, we can do it right here at home. Go figure.” 😎

“Clear regulatory path” for tokenized stocks in the US

Securitize says running real-world asset tokenization in the US regulatory framework is “not only possible, but scalable, at institutional quality.” In Hollywood terms: It’s not just a pilot-we’re getting a whole season order. 📺

“We’ve demonstrated a clear regulatory path for issuers to tokenize assets for US investors,” Domingo said, presumably while holding a map, a flashlight, and maybe a lawyer.

“These are not synthetic representations, or derivatives, but real securities onchain,” he added-because nothing says “trust me” like pointing out that your product isn’t imaginary.

“We operate using SEC-regulated infrastructure, including a registered transfer agent, broker-dealer, and fund admin, which lets US investors legally hold tokenized securities in a fully compliant framework.”

This cheerful optimism comes just days after Securitize secured approval to operate as both an investment company AND a trading and settlement system in the European Union on Nov. 26. Basically, they’ve become one of the first cross-continental crypto-regulation tightrope walkers. 🎪

“For the first time, modern ledger tech lets us record ownership, settle transactions, and move value in ways that are actually better than the ancient systems we inherited,” Roche said-likely while side-eyeing a fax machine somewhere. 📠😬

“Innovation only works when it fits within the guardrails of applicable law,” he added, proving he is both a lawyer and someone who has clearly seen what happens when innovation does not stay within the guardrails. (Spoiler: lawsuits.)

The announcement comes as another sign that the US is warming to tokenization. On Monday, the Securities and Exchange Commission officially ended its investigation into rival platform Ondo Finance-presumably because even they got tired of reading blockchain paperwork.

Ondo says this marks a new chapter for tokenized securities in the US, where they’re set to become a “core part of the capital markets,” right next to stocks, bonds, and that one guy who still trades Beanie Babies. 🧸📈

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2025-12-09 18:54