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SEC proposal could open crypto markets to tokenized public stocks

SEC proposal could open crypto markets to tokenized public stocks

The U.S. Securities and Exchange Commission has reportedly prepared an “innovation exemption” that could allow blockchain platforms to offer tokenized versions of publicly traded stocks, including tokens issued without direct approval from the underlying companies.

Summary

  • The SEC is reportedly preparing an exemption that could allow tokenized trading of public company shares on blockchain platforms.
  • Bloomberg reported that the proposal may require tokenized stocks to carry the same rights as traditional shares, including dividends and voting access.

Bloomberg reported on Monday, citing people familiar with the discussions, that the exemption could be introduced as…

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