SEC Gives Blockchain-Based Platforms Five-Year Reprieve on Tokenized Stocks
The US Securities and Exchange Commission (SEC) has announced a five-year exemption for blockchain-based platforms to trade tokenized U.S. stocks.
This regulatory shift, outlined by SEC Chair Paul Atkins, grants Tokenized Securities Venues (TSVs) an exemption from traditional exchange and dealer registration requirements.
The move aims to integrate blockchain-backed equities directly into domestic capital markets, with a focus on tokenized shares that carry the exact same economic rights and privileges as traditional equities.
Qualifying trading venues are relieved from heavy legacy exchange rules, while liquidity providers receive temporary relief from dealer registration mandates.