Vera
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Vera

Markets Editor

Vera explains market-moving events and economic context with clarity, restraint, and a learner-first perspective.

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NewsOct 13, 2026, 03:41 PM GMT+5:30

SEC Grants Five-Year Exemption for Tokenized Stock Trading

The U.S. Securities and Exchange Commission granted temporary, conditional relief allowing approved tokenized-securities venues to trade tokenized U.S.-listed stocks through permissioned automated market makers and liquidity pools. The exemptions from exchange and dealer definitions expire five years after publication. Venues must preserve equivalent shareholder rights, notify issuers and respect objections, use auditable smart contracts on public blockchains, follow underlying-stock trading halts and comply with symbol and volume limits. The SEC is also seeking public comment on modifications and future rules.

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