đš BREAKING: SEC OPENS THE DOOR TO 24/7 ON-CHAIN TRADING OF TOKENIZED STOCKS! đșđžđ
⥠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.
đ TSVs can use automated market makers (AMMs) and liquidity pools, with certain venues receiving conditional relief from the Exchange Actâs exchange definition and eligible liquidity providers receiving dealer relief.
đŠ 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.
â° 5-YEAR WINDOW: The exemptions are temporary and designed to give the SEC data and experience for future rulemaking.
đ Wall Street is moving further on-chain â tokenized equities are entering a new regulatory phase.
đ Could this accelerate the next wave of RWA + blockchain adoption?
Follow for daily updates đ„
$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.
đ TSVs can use automated market makers (AMMs) and liquidity pools, with certain venues receiving conditional relief from the Exchange Actâs exchange definition and eligible liquidity providers receiving dealer relief.
đŠ 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.
â° 5-YEAR WINDOW: The exemptions are temporary and designed to give the SEC data and experience for future rulemaking.
đ Wall Street is moving further on-chain â tokenized equities are entering a new regulatory phase.
đ Could this accelerate the next wave of RWA + blockchain adoption?
Follow for daily updates đ„
$GLMR $QNT $US
