SEC Cracks Open the Door for Wall Street Stocks to Trade Onchain
The SEC just gave a limited slice of the U.S. stock market permission to do something that sounds more like crypto than Wall Street: trade tokenized stocks through onchain automated market makers and liquidity pools. Under an exemption approved Sept. 17, certain venues can temporarily handle tokenized NMS stocks while the regulator watches the experiment, […]
Key Takeaways
- The SEC just gave a limited slice of the U.S.
- stock market permission to do something that sounds more like crypto than Wall Street: trade tokenized stocks through onchain automated market makers and liquidity pools.
- Under an exemption approved Sept.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
OG.com cleared by SEC to offer single-stock futures, says Crypto.com CEO
Crypto.com’s CEO said its sister exchange was cleared to offer US access to single-stock perpetual futures, as the latest platform to bridge TradFi and digital assets.
SEC grants temporary exemption for tokenized US stock trading
The SEC’s Innovation Exemption allows limited tokenized US stock trading on onchain venues with trading caps and transparency requirements.
S&P Global agrees to acquire OpenZeppelin in onchain security push
OpenZeppelin will continue operating as a standalone business unit under S&P Global, with financial terms of the deal not disclosed.