Regulation· ★★★★· bullish·

Three Firms Plan Tokenized Securities Venues Under SEC Innovation Exemption

  • —Three firms outlined separate venues for tokenized securities trading
  • —Regulatory basis is an SEC innovation exemption, not full exchange registration
  • —No venue is confirmed live or fully authorized yet
  • —SEC retains authority to modify or revoke the relief if terms are breached
Why it matters: If launched, the venues would create the first SEC-sanctioned secondary market for tokenized securities in the U.S., easing access for institutional investors.
Source: Coincu