ME News update, September 22 (UTC+8): After the U.S. Securities and Exchange Commission (SEC) failed to move forward with the CLARITY Act for several days, it established a five-year framework for tokenized stock trading. Investment bank TD Cowen said that U.S. investors can now access stocks conveniently, while issuers show limited interest in tokenization performance, and that adoption rates are not expected to be high in the short term. TD Cowen noted that perpetual futures contracts remain a more attractive way to gain exposure to tokenized stock of crypto assets, with trading volume far exceeding tokenized spot products. (Source: ME)
