SEC Greenlights On-Chain Stock Tokenization, Sparking DeFi Rally

The US Securities and Exchange Commission (SEC) has introduced new rules for on-chain tokenization of U.S. stocks, sending shockwaves through the DeFi sector.

The SEC's 'Innovation Exemption' statement establishes a five-year interim compliance framework for eligible Tokenized Securities Venues (TSVs) and liquidity providers, temporarily waiving registration requirements for traditional exchanges and market makers.

Uniswap (UNI) was the top performer in response to this regulatory catalyst, surging over 15% in the past 24 hours to approach $8. Hyperliquid (HYPE) also saw significant gains, rising about 11% over the same period to break above $86.