Three Companies Have Notified The SEC Of Intention To Start Tokenized Stocks Trading

bitcoinmagazine.comPublished by source: Added to RWA Signal: 2 min read
Three Companies Have Notified The SEC Of Intention To Start Tokenized Stocks Trading
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Stocks

The U.S. Securities and Exchange Commission has begun accepting applications from firms seeking to operate venues for trading tokenized stocks. Three entities, specifically Tokenized Stock Venue, Perpetuals.com, and OKX, have submitted plans to the regulator following a new five-year exemption rule introduced in September. This initiative represents a significant shift in regulatory posture, as the SEC aims to modernize securities oversight in the age of blockchain technology. By migrating traditional equities to blockchain rails, proponents argue that markets can achieve 24/7 trading capabilities, mirroring the operational efficiency of digital assets. The move follows a broader pivot in U.S. policy under the current administration, which seeks to position the country as a global hub for crypto innovation. While these firms have filed applications, the SEC clarified that inclusion on the list does not guarantee compliance with all regulatory requirements. This development marks a critical step in integrating traditional financial instruments with decentralized infrastructure, potentially transforming how retail and institutional investors access equity markets.

Key points

  • Tokenized Stock Venue, Perpetuals.com, and OKX submitted plans for tokenized stock trading venues.
  • The SEC granted a five-year exemption for platforms facilitating tokenized stock trading.
  • New regulatory framework aims to modernize securities trading via blockchain-based 24/7 market access.
  • OKX and Intercontinental Exchange filed to launch the new OKXICE trading platform.

Background

Tokenized stocks are digital representations of traditional equity shares issued on a blockchain, allowing for fractional ownership and near-instant settlement. These assets utilize smart contracts to mirror the economic rights of the underlying security while enabling continuous trading outside of traditional market hours. By leveraging distributed ledger technology, these instruments aim to reduce intermediary costs and increase liquidity in global equity markets.

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