SEC Eases Rules on Tokenized Securities, Paving Way for US Market Growth

River of regulatory relief has begun to flow into the US market for tokenized securities. Following an 'innovation exemption' program announced by the SEC, tokenized stocks will be allowed on certain platforms for trading with limited restrictions.

According to Vlad Tenev, CEO of Robinhood, this move paves the way for Americans to benefit from tokenization, which includes features like instant settlement, 24/7 trading, and natively supported fractional trading. He described it as 'a good day for American innovation.'

The SEC's program grants five years of conditional regulatory relief to tokenized securities trading platforms that meet specific requirements. This is seen as a step towards greater adoption of crypto technology in the US.