The US Securities and Exchange Commission is ready to roll out a plan to enable the trading of crypto versions of securities.
The SEC is set to release a so-called “innovation exemption” for tokenized stocks, which will pave the way for trading digital versions of securities, reported Bloomberg on Tuesday.
The agency’s framework for tokenized stock trading under the Trump administration’s direction is expected to be finalized this week, the anonymous sources told the outlet. These tokenized assets would also be tradeable on decentralized crypto platforms in a move that could “reshape the landscape of the American stock market,” it reported.
