Svmuureports that the U.S. Securities and Exchange Commission (SEC) is preparing to introduce a new regulatory framework for trading tokenized stocks, which could be announced as early as this week. It is reported that the SEC is studying an "innovation exemption" mechanism, allowing trading platforms to offer digital versions of listed securities on-chain under more relaxed regulatory conditions. This move is seen as a significant signal that U.S. regulators are further shifting towards supporting tokenized securities.
Currently, multiple Wall Street institutions have accelerated their layout in related businesses. The Depository Trust & Clearing Corporation (DTCC) plans to launch limited production trading of tokenized assets in July and expand promotion in October; Nasdaq is developing a blockchain-based stock issuance framework; and Intercontinental Exchange (ICE) is advancing tokenized stocks and crypto-related products through its partnership with OKX.
SEC Chairman Paul Atkins previously stated that the SEC is considering establishing formal rules for on-chain trading systems, blockchain settlement infrastructure, and crypto custody models, and believes that existing securities regulations are no longer suitable for on-chain protocols that integrate trading, clearing, and settlement. (CoinDesk)