SEC Grants Exemption for Tokenized NMS Stock Trading
The US Securities and Exchange Commission (SEC) has granted an Innovation Exemption for tokenized NMS stock, effective September 17. This move opens up opportunities for qualifying platforms to trade tokenized equities.
Binance's 24/7 pricing showed a strong performance from several assets, including $COIN, $HOOD, $MSTR, and $CRCL, which all reclaimed their prior intraday highs. In the DeFi space, $UNI surged 22.5% to reach $8.75 and the Solana token advanced 10.8%, both of which have already been operating permissioned AMM pools since the July Uniswap/Raydium launch.
The regulatory clarity provided by the SEC's exemption is expected to impact tokenized stock trading strategies and DeFi sector momentum, particularly for permissioned AMM pools performance. The price action of $UNI on its 4h chart shows a bullish trend structure above the EMA50 at $6.77 and EMA200 at $5.65, with the price testing upper Bollinger resistance at $8.69.