#SECGrantsInnovationExemptionForTokenizedStocks
đŠ SEC Grants Innovation Exemption for Tokenized Stocks
The U.S. Securities and Exchange Commission has introduced a temporary, conditional âInnovation Exemptionâ for certain venues trading tokenized U.S. stocks onchain.
đč Tokenized stocks can be traded through permissioned automated market makers and liquidity pools.
đč Eligible tokenized shares must provide the same rights and privileges as the underlying stock.
đč Smart contracts must be auditable, public, and deployed on a public, permissionless blockchain.
đč The exemption is set to expire after five years and the SEC is seeking public comments.
Importantly, this framework concerns tokenized securities representing actual stocks; synthetic tokens that only track stock prices are not covered by this exemption.
đ Tokenization is bringing traditional securities further into blockchain-based market infrastructure.
#ChainlinkPowersBottomlinePaymentPlatform #Tokenization #RWA #Blockchain #Crypto #DigitalAssets #Stocks$BTC
đŠ SEC Grants Innovation Exemption for Tokenized Stocks
The U.S. Securities and Exchange Commission has introduced a temporary, conditional âInnovation Exemptionâ for certain venues trading tokenized U.S. stocks onchain.
đč Tokenized stocks can be traded through permissioned automated market makers and liquidity pools.
đč Eligible tokenized shares must provide the same rights and privileges as the underlying stock.
đč Smart contracts must be auditable, public, and deployed on a public, permissionless blockchain.
đč The exemption is set to expire after five years and the SEC is seeking public comments.
Importantly, this framework concerns tokenized securities representing actual stocks; synthetic tokens that only track stock prices are not covered by this exemption.
đ Tokenization is bringing traditional securities further into blockchain-based market infrastructure.
#ChainlinkPowersBottomlinePaymentPlatform #Tokenization #RWA #Blockchain #Crypto #DigitalAssets #Stocks$BTC
