← Back to KHAO

White House · Standard Chartered · SEC · Tokenization · Wall Street ·

SEC Readies to Open the Door to Tokenized Stocks: Report

2 min read

Compiled by KHAO Editorial — aggregated from 1 source + 3 references discovered via search. See llms.txt for citation guidance.

◌ Single Source

Micah Zimmerman.

The U.S. SEC is putting the finishing touches on a framework that would allow digital, blockchain-based versions of publicly traded stocks to trade on crypto platforms.

Key facts

Summary

The U.S. Securities and Exchange Commission is putting the finishing touches on a framework that would allow digital, blockchain-based versions of publicly traded stocks to trade on crypto platforms, a move that signals how far Washington has traveled in its relationship with an industry it once treated with suspicion. According to a published Monday, the SEC plans to release an “innovation exemption” for tokenized securities as early as next week. What makes the framework notable is what the tokens would and would not be. Tokenized stocks settle faster, operate across borders without the friction of legacy infrastructure, and could open equity markets to investors who have historically been locked out by geography or cost.

Read full article at Bitcoin Magazine →

#White House #Standard Chartered #SEC #Tokenization #Wall Street