U.S. SEC Issues Innovation Exemption Approving Trading Of Tokenized Stocks
The U.S. Securities and Exchange Commission (SEC) has issued the much-anticipated innovation exemption for tokenized stock trading. The exemption lasts for five years and officially provides a pathway for traders to trade traditional assets 24/7. Ad Ad SEC Issues Innovation Exemption For Tokenized Stock Trading In a press release, the Commission announced that it had issued an order granting conditional exemptive relief to Tokenized Securities Venues (TSVs) to trade tokenized National Market System (NMS) stock using innovative permissioned automated market makers and liquidity pools. Notably, the SEC innovation exemption for tokenized stocks lasts for five years and will expire five years after publication. The Commissions order also solicited public comment on possible modifications to the exemptive relief. Discover more Finance Open Trading Account Trade Crypto Assets This comes just days after the CLARITY Act cloture vote failed. SEC Chair Paul Atkins said the crypto agenda will still proceed regardless of what happens with the crypto bill. The SEC had earlier released the proposed ‘Reg Crypto’ framework to provide a way for crypto startups to raise funds. The SEC innovation exemption now provides a pathway for platforms such as top crypto exchanges Coinbase and Robinhood to offer tokenized stocks to their users. Hyperliquid‘s HYPE surged on the news, as the perp DEX









