U.S. House Committee to Discuss Tokenization and Securities Modernization

The U.S. House Financial Services Committee is set to hold a hearing titled "Tokenization and the Future of Securities: Modernizing Capital Markets" today at 22:00 UTC+8. According to Foresight News, Salman Banaei, General Counsel of Plume Network, has been invited to testify as the sole representative of emerging Real World Asset (RWA) projects among five key witnesses. He will join members from major Wall Street entities such as Nasdaq, the Depository Trust & Clearing Corporation (DTCC), and the Securities Industry and Financial Markets Association (SIFMA) in the discussion. Plume Network has already attracted over 220 tokenization projects, covering nearly 50% of non-stablecoin RWA wallets. The hearing will focus on two critical legislative proposals for 2026, marking the formal inclusion of RWAs into the core agenda of U.S. mainstream regulation and capital markets.