Regulation· ★★★· neutral·

SEC innovation exemption constrains bringing stock tokens to US, Robinhood crypto chief says

  • —Robinhood is still reviewing the SEC's new innovation exemption for tokenized stocks
  • —Kerbrat said the exemption's terms constrain launching stock tokens in the US
  • —The company already offers tokenized stocks in Europe via Arbitrum
Why it matters: How the SEC's exemption is interpreted will determine whether US brokers can legally offer tokenized stocks and how fast that market can grow.
Source: The Block
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