Arbitrum Price Surges 31% as Tokenized Assets Reach Record High

Arbitrum's price surged by 31% on Friday, pushing its weekly gain above 70%, as interest in tokenized real-world assets continued to grow.

The rally coincides with a new US regulatory framework for trading tokenized stocks and record tokenized-fund value on the Arbitrum network.

According to the US Securities and Exchange Commission, qualifying tokenized securities venues have been granted a five-year conditional exemption, allowing them to facilitate trading in tokenized National Market System stocks using automated market makers and permissioned liquidity pools.