The SEC is working on an “innovation exemption” that could allow regulated, 24/7 trading of tokenized stocks on blockchain platforms, but the exact rules are not finalized yet.
The planned exemption would create a limited, lighter regime for tokenized listed equities, potentially enabling always-on trading and onchain settlement under SEC oversight.
Traditional exchanges, DTCC, and crypto platforms are already piloting tokenized securities, so an SEC framework could accelerate convergence between stock markets and crypto infrastructure.
Key open questions include investor protections, how issuer consent works, and whether the final rules will be narrow pilots or broader market-wide relief.
The planned exemption would create a limited, lighter regime for tokenized listed equities, potentially enabling always-on trading and onchain settlement under SEC oversight.
Traditional exchanges, DTCC, and crypto platforms are already piloting tokenized securities, so an SEC framework could accelerate convergence between stock markets and crypto infrastructure.
Key open questions include investor protections, how issuer consent works, and whether the final rules will be narrow pilots or broader market-wide relief.