Robinhood Says Stock Token Volume Is Nearing SEC Exemption Caps
6 Articles
6 Articles
Robinhood says stock token volume is nearing SEC exemption caps
Robinhood’s stock token trading volume has already reached levels that could run into limits under the U.S. Securities and Exchange Commission’s new innovation exemption for tokenized equities, according to the company’s crypto chief. According to Johann Kerbrat, Robinhood’s senior vice…
Robinhood assures that the volume of trading of its stock tokens could come close to the limits of a five-year exemption from the SEC. The company is still studying regulatory conditions and also plans to add voting rights and redemption in kind.
Robinhood Says SEC Rules Could Limit Stock Tokens as Crypto Perps Head to the US
TLDR Robinhood says its stock token volume is already high enough to hit caps in the SEC’s new innovation exemption. The SEC issued a five-year exemption on Sept. 17 that lets some U.S. venues trade tokenized stocks. Robinhood plans to add in-kind redemption and voting rights to its stock tokens. The company’s crypto chief called [...]
SEC’s innovation exemption poses constraint on bringing stock tokens to US, Robinhood crypto chief says
Robinhood's Johann Kerbrat told The Block that Robinhood is still working through the SEC's latest innovation exemption on tokenized stocks.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium





