The SEC is about to Unlock Massive Tokenization Innovation! | Ashley Ebersole

**Ashley Ebersole** (0:00)
You can see different types of assets that did not necessarily make sense for someone to go through an IPO type transaction to offer them, but assuming the SEC does start to regulate more in a way that allows for a more fluid and efficient way to do those tokenizations, that will unlock classes of assets that there's not a good traditional market analog for.

**Tony Edward** (0:29)
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Link will be in the description. Hey folks, welcome into The Thinking Crypto Podcast. I'm your host, Tony Edward, and joining me today is Ashley Ebersole, who is the co-founder and chief legal officer at TX, which is a unified operating system and marketplace for real world assets that facilitates the digital issuance, trading and settlement of tokenized assets through a global network of regulated partners.
Ashley, great to have you.

**Ashley Ebersole** (3:16)
Thanks so much for having me, Tony. It's great to be here with you and yeah, looking forward to our discussion.

**Tony Edward** (3:21)
Absolutely. I'm so excited to dive into what TX is doing because tokenization is all the rage right now. Many firms and institutions, many of the TradFi firms are all looking to tokenize assets.
You also spent a lot of time at the SEC, so I have a lot of questions for you. But let's start with your background. Where are you from and your professional background?

**Ashley Ebersole** (3:42)
I'm one of the few natives from Washington, DC in the center of the city. I currently live there. I was gone for 10, 12 years including about three years in New York, law school down in Nashville, Norfolk, Virginia, Cleveland, Ohio, clerking for judges and then back in DC since then.
Actually, almost a year in Mexico City, which was great when I was in finance. But yeah, now in DC, and it's a great place to be at the center of a lot going on in this space.

**Tony Edward** (4:24)
Now, you spent about over four years at the SEC as senior counsel. Tell us about your time there and some of the work you did.

**Ashley Ebersole** (4:32)
Sure. It was almost five years, slightly less. But coming in, I had been at Skadden for almost six years and had done a lot of, uh, SEC regulatory work and defense work. So initially, it was just the other side of that, which, you know, was a great learning experience. But pretty early on, I had the opportunity to work on the early working groups there that were looking at crypto assets and blockchain technology. And how should these assets be treated? How was the SEC going to look at them to engage with the technology?