SEC Roundtable to Decide Fate of On-Chain Trading for Wall Street Stocks
Wall Street is taking a closer look at blockchain technology for on-chain trading. The SEC's roundtable meeting in September 2026 will bring together major players like BlackRock, Nasdaq, NYSE, and Robinhood to discuss the rules for 24-hour stock trading.
Solana leads in tokenized stocks with $465 million on its network, while Ethereum has deeper institutional adoption. Solana's transaction fees are below a cent, but its total value locked (TVL) has halved to $5.5 billion.
Ethereum, however, has a strong track record of working with institutions. BlackRock's BUIDL fund already cleared SEC review on Ethereum's rails, making it likely the first Nasdaq stock on-chain. Solana needs a live stock settlement to gain traction in the institutional market.
The SEC's roundtable will focus on settlement speed, fees, custody, surveillance, and operational resilience. The regulatory language that follows will shape which blockchain architecture is best suited for 24-hour trading.