MSTR Stocks Soar 16% as SEC Exempts Tokenized US-Listed Stocks

Strategy Inc. (MSTR) posted an impressive gain of over 16% on Friday, as crypto-related stocks surged after the SEC approved a temporary 'Innovation Exemption'. This exemption allows certain venues and liquidity providers to facilitate trading in tokenized U.S.-listed stocks.

The company's shares rose $21.67 on the session, indicating a strong market response to the news. The SEC's move aims to promote innovation and increase access to capital markets for emerging companies.