U.S. SEC Gives Green Light to Tokenized Stock Trading! Introduces Five-Year Innovation Exemption; Concept Stocks Such as Robinhood (HOOD.US) and Circle (CRCL.US) Rise Collectively

Zhitong Finance APP has learned that the U.S. Securities and Exchange Commission (SEC) announced on Thursday that, under certain restrictions, it will provide temporary regulatory exemptions for on-chain trading of tokenized U.S. stocks, allowing qualifying tokenized securities trading platforms to trade certain tokenized U.S. National Market System (NMS) stocks through permissioned automated market makers (AMMs) and liquidity pools. This move means that U.S. regulators have taken an important step in promoting the integration of the traditional stock market with blockchain infrastructure, and it also opens up new regulatory space for the development of tokenized stocks in the U.S. domestic market.