SEC tokenized stock exemption to let equities move onto crypto rails
CryptoSlate
The SEC is preparing an innovation exemption allowing tokenized stocks to trade on crypto infrastructure under a controlled, regulated framework.Summary
The SEC is set to introduce an innovation exemption that permits the trading of tokenized stocks on crypto-native infrastructure, including automated market makers. This framework, supported by Chair Paul Atkins and Commissioner Hester Peirce, aims to test on-chain trading while maintaining investor protections through volume caps and white-listed participants. The move pits crypto-native platforms against traditional exchange models proposed by Nasdaq and ICE, potentially transforming securities settlement by integrating smart contract-based compliance and stablecoin-based funding into the traditional equity market.
(Source：CryptoSlate)