SEC Opens Door to Tokenized US Stock Trading with New Framework
The US Securities and Exchange Commission (SEC) has released a new framework for tokenized stocks, which could give an early advantage to firms that put real securities on blockchains.
The agency's framework favors tokens that represent actual U.S. shares and carry the same rights as traditional stock, including dividends and voting rights.
This thesis is central to this new exemption, according to Carlos Domingo, CEO of digital asset and real-world asset tokenization platform Securitize.
The framework leaves room for different tokenization models, ranging from issuer-sponsored projects to custodial structures, while excluding synthetic products that only provide price exposure.