T radingKey – In 202 4, the U.S. SEC a pproved Bitcoin ( BTC) and Ethereum ( ETH) spot ETF s, bringing cryptocurrenc ies into the traditional stock market and achieving the tokenization of U.S. equities; in 2026, the SEC began preparing a regulatory framework for tokenized stocks, attempting to introduce stocks into the cryptocurrency market and pushing forward the tokenization of U.S. equities.

After identifying this regulatory direction and investor preference for U.S. equities, a large number of cryptocurrency exchanges launched U.S. stock trading. However, many differences exist among platforms, reflected in transaction fees, liquidity, compliance, and more. Therefore, investors must screen platforms based on their own needs…