#SECGrantsInnovationExemptionForTokenizedStocks
š¦ SEC Grants Innovation Exemption for Tokenized Stocks
The U.S. Securities and Exchange Commission has introduced a temporary, conditional āInnovation Exemptionā for certain venues trading tokenized U.S. stocks onchain.
š¹ Tokenized stocks can be traded through permissioned automated market makers and liquidity pools.
š¹ Eligible tokenized shares must provide the same rights and privileges as the underlying stock.
š¹ Smart contracts must be auditable, public, and deployed on a public, permissionless blockchain.
š¹ The exemption is set to expire after five years and the SEC is seeking public comments.
Importantly, this framework concerns tokenized securities representing actual stocks; synthetic tokens that only track stock prices are not covered by this exemption.
š Tokenization is bringing traditional securities further into blockchain-based market infrastructure.
#ChainlinkPowersBottomlinePaymentPlatform #Tokenization #RWA #Blockchain #Crypto #DigitalAssets #Stocks$BTC
š¦ SEC Grants Innovation Exemption for Tokenized Stocks
The U.S. Securities and Exchange Commission has introduced a temporary, conditional āInnovation Exemptionā for certain venues trading tokenized U.S. stocks onchain.
š¹ Tokenized stocks can be traded through permissioned automated market makers and liquidity pools.
š¹ Eligible tokenized shares must provide the same rights and privileges as the underlying stock.
š¹ Smart contracts must be auditable, public, and deployed on a public, permissionless blockchain.
š¹ The exemption is set to expire after five years and the SEC is seeking public comments.
Importantly, this framework concerns tokenized securities representing actual stocks; synthetic tokens that only track stock prices are not covered by this exemption.
š Tokenization is bringing traditional securities further into blockchain-based market infrastructure.
#ChainlinkPowersBottomlinePaymentPlatform #Tokenization #RWA #Blockchain #Crypto #DigitalAssets #Stocks$BTC
