WASHINGTON (dpa-AFX) - The U.S. Securities and Exchange Commission on Thursday unveiled a five-year exemption allowing platforms to facilitate trading in blockchain-based, or tokenized, stocks and other securities without complying with many rules that apply to traditional stock exchanges such as Nasdaq and the NYSE.
The exemption also covers liquidity providers in tokenized stocks, while platforms must notify companies before listing tokenized versions of their shares and cannot proceed if issuers object. Synthetic tokens that provide stock exposure through derivatives or other products will not qualify.
The SEC said tokenized securities must retain the same rights and privileges as traditional shares, including dividend and voting rights.
The move could enable 24-hour trading, faster settlement, fractional ownership and investor self-custody, according to the SEC and crypto industry participants.
Coinbase, Kraken and Robinhood have signaled plans to expand tokenized-stock offerings, while some already provide such products overseas. The SEC said the exemption is intended to support innovation while maintaining investor protections and market integrity.
Copyright(c) 2026 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
© 2026 AFX News
