
Securitize shares jump 14% after SEC approves tokenized stock trading
- —SEC introduced a five-year exemption for limited trading of tokenized U.S. stocks
- —Securitize shares rose 14%, at one point up 24%
- —Securitize holds about 9% of the tokenization market by AUM
- —Tokenized assets reached $38.51 billion, up more than 70% year-over-year
Why it matters: The SEC exemption legalizes round-the-clock trading of tokenized stocks and accelerates the inflow of RWAs onto the blockchain.
Source: CNBC Crypto
More on this
Regulation · 05:05SEC Grants 5-Year Conditional Exemption for Tokenized Stock Trading; Bitcoin Breaks $86K
Regulation · 04:04Bitwise's Hougan: Bitcoin Rally Doesn't Depend on CLARITY Act Failure
Regulation · 04:00OCC Grants Catena Labs Preliminary Conditional Approval for National Trust Bank