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US SEC poised to allow stock token trading in potential market shakeup

From channelnewsasia.com

U.S. equity markets face a potential shakeup as the Securities and Exchange Commission readies a new policy that would allow crypto companies to offer blockchain-based stocks, analysts and lawyers said. The crypto industry says tokenized stocks — blockchain-based instruments that track traditional equities — could revolutionize stock markets by allowing shares to be traded 24/7 and settled instantly, boosting liquidity and reducing transaction costs. Crypto industry insiders expect President Donald Trump's SEC chair, Paul Atkins, to unveil an "innovation exemption" soon. Atkins has said this would allow companies ... (full story)

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