$PUNDIX Update | Tokenized Stocks DevelopmentThe U.S. Securities and Exchange Commission (SEC) has issued a temporary, conditional exemption allowing on-chain trading of tokenized U.S. stocks.In response, Pundi X Labs stated:“Tokenization just crossed an important line. Onchain U.S. equities are moving from an experiment to regulated market infrastructure. We’ve been building toward this future.”Pundi X is also advancing its upcoming Onchain Stock Baskets product, which will allow users to create custom baskets from 438 U.S. stocks, mint them on-chain, and trade 24/7 with 1:1 backing.This development aligns with the growing Real World Assets (RWA) and AI-driven finance narrative.
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