🚨 BREAKING : SEC Opens Door to 24/7 Tokenized Stock Trading $APM $ONE
The SEC approved a five-year "Innovation Exemption" allowing tokenized U.S. stocks to trade on blockchain-based venues. Platforms can now offer round-the-clock trading and instant settlement without full broker-dealer registration, provided they get issuer consent, ensure tokens carry equal rights (no synthetics), and follow volume caps and disclosure rules. The move follows stalled crypto legislation and positions the U.S. closer to 24/7 equity markets, with Coinbase, Robinhood, and Kraken eyeing launches. Key questions remain, including how Rule 611 applies and whether public companies will opt in.
The SEC approved a five-year "Innovation Exemption" allowing tokenized U.S. stocks to trade on blockchain-based venues. Platforms can now offer round-the-clock trading and instant settlement without full broker-dealer registration, provided they get issuer consent, ensure tokens carry equal rights (no synthetics), and follow volume caps and disclosure rules. The move follows stalled crypto legislation and positions the U.S. closer to 24/7 equity markets, with Coinbase, Robinhood, and Kraken eyeing launches. Key questions remain, including how Rule 611 applies and whether public companies will opt in.
