SEC to Propose Innovation Exemptions for Tokenized Stocks

2 days ago 11

Rommie Analytics

  • The recent report suggests that the U.S Securities and Exchange Commission is expected to introduce exemptions for new innovations for tokenized stocks this week or later on.
  • This comes after the SEC has approved proposals from Nasdaq and the New York Stock Exchange (NYSE) to allow trading of tokenized stocks on its platform.
  • The total value of tokenized stock has surpassed the mark of $1.5 billion.

Amid the impressive progress in the regulatory framework for digital assets, a major report is coming out from the major regulatory agency, the U.S. Securities and Exchange Commission, which is planning to approve a tokenized version of stock and ETF trading with new rules.

According to the recent report, the SEC is expected to introduce exemptions for new innovations for tokenized stocks this week or later on. 

In March, the SEC provided a green light to a proposal from Nasdaq that allows trading of tokenized securities on its platform. A month later, in April, similar approval was also given t...

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