Regulation· ★★★★· bullish·

SEC: First Tokenized Stock Trading Platforms May Reveal Plans Next Quarter Under Innovation Exemption

  • The SEC exemption runs for five years for qualifying platforms
  • Tokenized US stocks can trade on public blockchains via permissioned AMMs
  • Tokens must retain dividend and voting rights
  • The SEC has already received inquiries from companies about using the exemption
Why it matters: Legalizing onchain US equity trading opens a major new market for crypto exchanges and DeFi platforms.
Source: PANews