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Crypto Version of Your Favorite Stocks Soon? SEC Reportedly Planning to Release Framework for Tokenized Assets

Crypto Version of Your Favorite Stocks Soon? SEC Reportedly Planning to Release Framework for Tokenized Assets

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The Securities and Exchange Commission is preparing to launch a framework for trading blockchain versions of popular Wall Street-listed stocks, according to a report published on Tuesday.

Will SEC Release Framework This Week?

The agency is expected to release its “innovation exemption” for trading tokenized stocks as early as Friday Bloomberg reported, citing people familiar with the matter.

The report mentioned that officials are still “working on the proposal,” and details may change before its release.

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