Regulation· ★★★★· neutral·

SEC opens on-chain stock trading, but xStocks and bStocks may not qualify

  • The exemptions are valid until September 17, 2031
  • TSVs may use AMMs and liquidity pools for approved participants
  • Companies get 30 days to block third-party tokens of their shares
  • TSV operators must be US residents and comply with sanctions
Why it matters: A regulated framework for US stock tokenization is taking shape, which could displace synthetic products and set a standard for tokenholder rights.
Source: Finance Magnates Crypto