🚨 BREAKING: SEC OPENS THE DOOR TO 24/7 ON-CHAIN TRADING OF TOKENIZED STOCKS! 🇺🇸📈
⚡ The SEC has issued a 5-year temporary Innovation Exemption for qualifying Tokenized Securities Venues (TSVs) to facilitate permissioned on-chain trading of certain tokenized U.S. stocks.
🔄 TSVs can use automated market makers (AMMs) and liquidity pools, with certain venues receiving conditional relief from the Exchange Act’s exchange definition and eligible liquidity providers receiving dealer relief.
🏦 Tokenized stocks must provide holders with the same rights and privileges as the underlying traditional shares, while trading remains subject to symbol limits, volume caps and other conditions.
⏰ 5-YEAR WINDOW: The exemptions are temporary and designed to give the SEC data and experience for future rulemaking.
🌐 Wall Street is moving further on-chain — tokenized equities are entering a new regulatory phase.
👀 Could this accelerate the next wave of RWA + blockchain adoption?
Follow for daily updates 💥
$GLMR $QNT $US
⚡ The SEC has issued a 5-year temporary Innovation Exemption for qualifying Tokenized Securities Venues (TSVs) to facilitate permissioned on-chain trading of certain tokenized U.S. stocks.
🔄 TSVs can use automated market makers (AMMs) and liquidity pools, with certain venues receiving conditional relief from the Exchange Act’s exchange definition and eligible liquidity providers receiving dealer relief.
🏦 Tokenized stocks must provide holders with the same rights and privileges as the underlying traditional shares, while trading remains subject to symbol limits, volume caps and other conditions.
⏰ 5-YEAR WINDOW: The exemptions are temporary and designed to give the SEC data and experience for future rulemaking.
🌐 Wall Street is moving further on-chain — tokenized equities are entering a new regulatory phase.
👀 Could this accelerate the next wave of RWA + blockchain adoption?
Follow for daily updates 💥
$GLMR $QNT $US
