SEC approved temporary exemption for limited trading of tokenized NMS stocks on on-chain trading venues for regulated equities.

SEC innovation exemption delivers compliant pathway for tokenized U.S. equities to trade onchain, advancing Wall Street integration.

According to Patrick McCorry, the SEC has the ability to establish a framework that exempts tokenized securities from certain existing rules and oversight requirements. This regulatory flexibility could have major implications for decentralized exchanges (DEXs) and similar platforms aiming to enable the trading of tokenized securities. The potential for clear exemption pathways increases the feasibility and attractiveness of DEXs supporting these assets, potentially accelerating the adoption of compliant tokenized securities trading in crypto markets. Source: Patrick McCorry