SEC's five-year tokenized-stock pilot boosts Securitize’s market lead
TL;DR
The SEC issued a five-year temporary path for limited trading of tokenized U.S. stocks, a non-regulatory change designed to spur responsible innovation while keeping investor protections. Securitize, which holds about 9% of the tokenized market and recently went public, surged as much as 24% on the news as the broader tokenized-assets market climbs toward $38.5 billion, with Needham noting leadership will go to platforms with the widest institutional client base.
- Securitize jumps after regulators greenlight some tokenized U.S. stock trading CNBC
- SEC clears path for tokenized stocks, bringing the market closer to 24/7 trading CNBC
- US regulator opens markets to tokenised stock trading Financial Times
- SEC Issues “Innovation Exemption” to Facilitate the Trading of Tokenized NMS Stock and Request for Comment SEC.gov
- US securities regulator rolls out five-year exemption for tokenized stock trading Reuters
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