The Securities and Exchange Commission is expected to release an innovation exemption for tokenized stocks as soon as this week. The move would allow equities to trade through crypto-native infrastructure such as automated market makers and stablecoins.
SEC Chair Paul Atkins and Commissioner Hester Peirce outlined a temporary framework in February that includes volume caps, white-listed participants, and relief while longer-term rules are developed. Atkins confirmed in April that the agency was on the cusp of issuing the cabined framework for compliant on-chain trading of tokenized securities.