By Hassan Shittu Key highlights: The SEC released its “Innovation Exemption,” a 5-year regulatory pathway allowing tokenized stocks to trade on public blockchains 24/7 Nine conditions apply: U.S. incorporation, screened (non-anonymous) traders, auditable smart contracts on permissionless blockchains, 30-day issuer notification with opt-out rights, sanctions compliance, and trading halts mirroring the underlying stock The framework […]
Tag: NMS
By Aliyu Pokima Key highlights: The SEC has issued a five-year Innovation Exemption allowing qualifying blockchain venues to facilitate trading of tokenized US stocks under certain conditions The newly minted framework requires tokenized stocks to maintain the same rights as their traditional counterparts Tokenized stocks are booming, with cryptocurrency companies angling to offer the products […]