OpenAssets Utilizes Onchain Infrastructure via SEC-Registered Transfer Agent OpenAgent
OpenAssets has announced that its affiliate, the SEC-registered transfer agent OpenAgent, is already utilizing a recordkeeping model that aligns with proposed SEC rule changes. The system records position and transaction data—such as wallet addresses and share quantities—onchain while maintaining sensitive investor identity information in private offchain systems. This infrastructure allows issuers to access a real-time, readable register of shareholder activity rather than waiting for periodic files. As the SEC considers its first major rewrite of transfer agent rules in decades, OpenAssets' model demonstrates how tokenized securities can maintain regulatory compliance by separating public ledger data from private personal information.
Topics: blockchain infrastructure digital assets tokenized stocks transfer agent rules