SEC Proposes 'Innovation Exemption' Policy for Tokenized Stocks This Week, According to Bloomberg

According to Bloomberg, on May 19, the U.S. Securities and Exchange Commission plans to release an "innovation exemption" policy for tokenized stocks as soon as this week, creating a new framework for investors to trade exposure to listed companies. The SEC is considering allowing trading of third-party tokens that lack support or consent from the underlying listed companies. These derivatives can be traded on decentralized crypto platforms but may not carry all rights of ordinary shares, such as voting rights or dividend rights. Under the SEC proposal, trading platforms unable to provide corresponding equity rights will lose eligibility to list such tokens.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments