SEC OPENS A NEW DOOR FOR TOKENIZED STOCKS
The U.S. SEC has introduced a temporary 5-year “Innovation Exemption” for certain venues trading tokenized U.S. stocks on-chain. 🔥
🏦 What does this mean?
• Certain Tokenized Securities Venues (TSVs) can trade tokenized U.S. stocks under specific conditions without being treated as traditional exchanges under the exemption.
• Tokenized stocks must provide holders with the same rights and privileges as the underlying stock, including dividends and voting rights. 📈
• Synthetic stock-price tokens are excluded from this framework. ⚠️
• Companies can receive notice and have an opportunity to object to third-party tokenization of their shares.
• The framework uses permissioned AMM liquidity pools, while smart contracts must be auditable and deployed on a public, permissionless blockchain. 🔗
This could be an important development for RWA (Real-World Assets) and on-chain capital markets.
The big question now is:
How quickly will tokenized stocks become a major part of on-chain markets? 👀
#RWA #Tokenization #Ethereum #Crypto #Blockchain #Stocks #SEC #DeFi #Write2Earn
The U.S. SEC has introduced a temporary 5-year “Innovation Exemption” for certain venues trading tokenized U.S. stocks on-chain. 🔥
🏦 What does this mean?
• Certain Tokenized Securities Venues (TSVs) can trade tokenized U.S. stocks under specific conditions without being treated as traditional exchanges under the exemption.
• Tokenized stocks must provide holders with the same rights and privileges as the underlying stock, including dividends and voting rights. 📈
• Synthetic stock-price tokens are excluded from this framework. ⚠️
• Companies can receive notice and have an opportunity to object to third-party tokenization of their shares.
• The framework uses permissioned AMM liquidity pools, while smart contracts must be auditable and deployed on a public, permissionless blockchain. 🔗
This could be an important development for RWA (Real-World Assets) and on-chain capital markets.
The big question now is:
How quickly will tokenized stocks become a major part of on-chain markets? 👀
#RWA #Tokenization #Ethereum #Crypto #Blockchain #Stocks #SEC #DeFi #Write2Earn