Regulation· ★★★★· bullish·

SEC grants 5-year conditional exemption for tokenized stock trading

  • —The exemption runs for five years from the SEC order's publication
  • —Tokenized shares must carry the same rights as the underlying stock
  • —Overhaul of traditional equity market rules remains a proposal
  • —Selway floated a shift to 24/7 trading after a 23-hour, five-day regime
Why it matters: The exemption sets the first US regulatory framework for on-chain equity trading and could accelerate tokenization of traditional assets.
Source: TokenPost