Arbitrum Token Price Surges 31% Amid US Regulatory Framework
Arbitrum's token price surged 31% on Friday, nearing $0.2300 as interest in tokenized real-world assets continues to grow.
The surge marks four consecutive sessions of growth for Arbitrum, with its weekly gain exceeding 70%.
This rally coincides with the US Securities and Exchange Commission's new framework for trading tokenized stocks, which grants a five-year conditional exemption to qualifying venues.
The exemption allows eligible platforms to facilitate trading in tokenized National Market System stocks using automated market makers and permissioned liquidity pools.