SEC approves 5-year 'Innovation Exemption' letting tokenized U.S. stocks trade onchain without exchange registration

The SEC has approved a temporary, conditional 'Innovation Exemption' allowing eligible platforms to list and trade tokenized U.S. NMS stocks on public blockchains and onchain AMMs without registering as national securities exchanges. The exemption takes effect immediately and lasts up to five years, so the agency can study how those venues operate and inform future rules.

Detected & updated continuously · Source: Nebula