SEC OPENS DOOR FOR CRYPTO-STYLE TRADING OF US STOCKS

Summary from the TLDR Fintech newsletter

The SEC issued five-year conditional exemptions allowing certain blockchain-based venues and automated liquidity providers to trade tokenized US stocks, bringing crypto-style market infrastructure into traditional equities. The tokenized shares would carry the same dividends and voting rights as the underlying stock, while issuers would have the right to opt out, giving the SEC a live framework to test on-chain trading before deciding on permanent rules.