Crypto
Home›Crypto›Regulation›SEC to propose tokenized stock rules under innovation…
SEC to propose tokenized stock rules under innovation exemption
The SEC could outline a framework for token sales without full securities registration, plus an innovation exemption that could enable fractional, 24/7 trading of tokenized stocks on blockchains.
The SEC is preparing two crypto-related initiatives in the coming days, with an update that may come as soon as Friday, according to Decrypt citing Bloomberg. One initiative would advance “Regulation Crypto,” a framework that would allow projects to raise capital through token sales without completing full securities registration.
The second initiative centers on an “innovation exemption” for tokenized stocks, with details possibly released Friday. The idea would permit tokenized versions of stocks such as Apple, Tesla, and Nvidia to trade on blockchains around the clock, in fractional sizes, with near-instant settlement.
Decrypt reports that these tokenized stock products typically track a stock’s economic exposure but do not include voting or dividend rights, which is described as part of the rationale for a lighter regulatory approach. The plan aligns with SEC Chair Paul Atkins’ “Project Crypto” agenda.
The story also links the potential exemption to recent growth in tokenized real world assets, including a fivefold increase in Robinhood Chain RWA volume this summer and broader momentum across Solana and Base, with major financial firms building or supporting onchain tokenized offerings. Decrypt says a formal SEC exemption could provide legal clarity that has been missing, potentially opening US retail access to products previously concentrated in a regulatory gray zone.
Latest closeSolana $75.58 ▲0.1%