Can Tokenization Bridge TradFi and DeFi? SEC Roundtable to Address Financial Innovation

By: tronweekly|2025/05/06 14:15:01
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SEC’s May 12 roundtable will explore how tokenization impacts traditional finance.Top Nasdaq, Fidelity and BlackRock industry experts will join the SEC’s tokenization talk.Tokenization could revolutionize capital markets, according to SEC Commissioner Peirce.The U.S. Securities and Exchange Commission (SEC) plans to host a roundtable about tokenization on May 12, which will bridge traditional finance (TradFi) and decentralized finance (DeFi). The SEC Crypto Task Force uses the “Tokenization—Moving Assets Onchain: Where TradFi and DeFi Meet” event to advance its broader effort to handle regulatory challenges regarding digital assets.Commissioner Hester M. Peirce, who leads the task force, said tokenization could “substantially change many aspects of our financial markets.” The roundtable will occur at the SEC’s headquarters in Washington, D.C., from 1:00 p.m. to 5:30 p.m. and will be streamed live through the SEC’s official website. In-person attendees must register, while online viewers can join without signing up.Chairman Paul Atkins will be giving the keynote address at the May 12 Crypto Task Force roundtable, “Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet.” See details: https://t.co/fQSkykgKZq— U.S. Securities and Exchange Commission (@SECGov) May 5, 2025The session is the second in a series of roundtables introduced earlier this year as the SEC ramps up its engagement with the crypto sector.Agenda Highlights Key Players from Finance and Crypto IndustriesThe event will begin with welcome remarks from Commissioner Peirce and fellow commissioners Paul S. Atkins, Caroline A. Crenshaw, and Mark T. Uyeda. Richard B. Gabbert, the Crypto Task Force’s Chief of Staff, will provide opening statements.The agenda features two main sessions. The first, “Capital Markets 2.0,” starts at 2:00 p.m. and includes Fidelity, BlackRock, Nasdaq, Invesco, Franklin Templeton, Apollo Management, and DTCC panelists. The discussion will focus on how tokenized assets reshape capital markets and the infrastructure required for asset tokenization.The second session, “The Future of Tokenization,” will be held at 4:00 p.m. and will explore tokenized finance’s legal, technological, and regulatory aspects. Moderated by Tiffany Smith of WilmerHale, the panel will include representatives from Robinhood, Chia Network, Maple Finance, Blockchain Capital, Securitize, and legal academics.This diverse lineup aims to provide the SEC with a well-rounded view of how on-chain asset systems can align with existing financial regulations.Source: SEC.govSEC Adjusts DeFi Roundtable Schedule Amid Ongoing Crypto Policy ReviewIn addition to the tokenization event, the SEC announced a schedule change for its DeFi-focused roundtable titled “DeFi and the American Spirit.” Initially set for June 6, the event will now occur on June 9. Registrants have been notified, and their participation has been transferred to the new date.Multiple roundtable events have occurred following the growth of dialogue between the SEC and digital asset companies. Earlier this year, the task force met with Ondo Finance, a tokenization platform, to develop approaches for a blockchain-based securities framework.Related Reading | Ripple Labs Grants $25M to U.S. Teachers and Schools as Tech Meets Education

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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