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Quarterly Market Recap: Q2 2023 - [Web3 Breakdowns, EP.80]

Making Markets

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The SEC's Decision on Non Security Tokenization

A judge ruled that institutional investors had a right to believe they were sold a security. The retail client who didn't know what they were giving their money towards is not protected by securities law. This seems like a temporary place, but pushes us in the right direction for new legislation and or regulation on non-security tokenization of things.

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