Uniswap Price Surges 16% on SEC Tokenized Stock Exemption

Uniswap's price surged by 16% after the US Securities and Exchange Commission (SEC) granted temporary relief for tokenized stock trading venues. The exemption, which will run for five years, allows permissioned automated market makers to trade tokenized National Market System stocks.

The SEC's new framework has placed Uniswap in focus as it already handles 80% of Robinhood Stock Token volume, totaling about $10 billion. This existing activity is now alongside a new regulatory route for permissioned on-chain U.S. stock trading.

Uniswap's price breakout above its long-term downtrend puts the token's price toward levels not seen in several months. The token has moved from around $6.63 to trade above $8.50, with intraday prices reaching the $9 area.