Robinhood CEO Vlad Tenev posts on X after the SEC’s “innovation exemption” framework: Tokenization is entering the United States. This five-year temporary rule, which was first legalized in the U.S., legalizes blockchain-based tokenized stock trading in the U.S. for the first time. Qualified platforms can offer 24/7 trading on-chain, instant settlement, and default fractional shares. Tenev says this is a good day for American innovation, and it also means Wall Street’s acceptance of on-chain assets has taken a major step forward. The momentum for traditional brokerages to move into crypto infrastructure is spreading from Europe to the U.S. mainland.