US EditionSEC Pushes Plan to Make Stocks Tradable on Blockchain: Report
The SEC’s proposal aims to enable 24/7 trading and faster settlements of tokenized U.S. stocks on crypto platforms amid $31 billion in global tokenized assets.
- Earlier this week, the U.S. Securities and Exchange Commission began developing a proposal to permit blockchain-registered versions of stocks to trade on approved crypto platforms, The Information reported.
- SEC Chair Paul Atkins has signaled the agency should promote `innovation` and launched the Project Crypto initiative to update rules supporting tokenized assets.
- Several firms including Nasdaq, Coinbase, Robinhood, and Kraken are pushing tokenized equity offerings, with some already tokenizing shares on blockchains.
- Proponents argue blockchain trading would enable faster settlement, lower costs and 24/7 trading, but Citadel Securities and legacy brokerages warn of market disruption and may seek legal review.
- Binance Research estimates the market could reach $1.3T if 1% of global equities migrate to blockchain, with tokenized equities nearly doubling and over $31 billion in assets tokenized.
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14 Articles
SEC Pushes Plan to Make Stocks Tradable on Blockchain: Report
The U.S. Securities and Exchange Commission (SEC) is reportedly developing a plan to allow stocks to trade on blockchain platforms similar to crypto assets, according to a Tuesday report from The Information. An early-stage proposal is said to detail plans that would let investors buy and sell tokenized versions of equities on approved crypto platforms. Earlier this week, NovaDius Wealth Management President Nate Geraci noted that the NYSE had …
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Bitcoin Ethereum NewsSEC Prepares Plan To Let Tokenized Shares Trade On Crypto Platforms
Key highlights: $31B already tokenized as SEC tests path to stock integration Crypto exchanges prepare for trading licensed equity tokens Wall Street warns SEC to tread carefully with tokenization SEC moves toward tokenized stock trading The US Securities and Exchange Commission (SEC) is drafting a plan that could allow trading of tokenized shares on approved cryptocurrency exchanges. The move would mark a sharp shift in policy, as the regulat…
SEC’s Tokenized Securities Push Gains Steam
Following the latest industry reports, the US Securities and Exchange Commission (SEC) and Nasdaq are moving fast to bring blockchain into equity markets via tokenized securities, turning shares of companies like Apple, Nvidia, and Tesla into digital tokens on-chain. Nasdaq just filed rule change proposals to allow tokenized stocks to trade alongside traditional shares under the same execution and rights framework. Crypto companies and fintech p…
SEC explores blockchain-registered stocks as tokenization momentum builds: report - Invest In Crypto News
SEC eyes plan to allow blockchain-based stock trading on approved crypto platforms. Nasdaq, Coinbase, and others push for tokenized equities as adoption accelerates. Tokenized stock market could hit $1.3T if 1% of global equities move to blockchain. The US Securities and Exchange Commission (SEC) is reportedly developing a proposal to allow blockchain-registered versions of stocks to trade on cryptocurrency exchanges, signaling a potential break…
SEC Developing Plan for Blockchain Stock Trading on Crypto Exchanges
TLDR The SEC is exploring a plan to allow blockchain-based versions of stocks to trade on crypto exchanges SEC Chair Paul Atkins described tokenization as an “innovation” the agency should advance Platforms like Robinhood, Kraken, Nasdaq, and Coinbase are pursuing tokenized stock offerings Over $31 billion in assets have been tokenized, with stock tokenization nearly doubling in the past 100 days Traditional finance companies like Citadel Secur…
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