SEC grants five-year exemption for blockchain-based tokenized stock trading platforms; liquidity providers exempt from dealer rules to integrate digital assets into traditional markets

US securities regulator rolls out five-year exemption for tokenized stock trading

United States Securities and Exchange Commission logo and U.S. flag are seen in this illustration created on April 23, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tabSummaryCompaniesPlatforms trading tokenized stocks get five-year relief from exchange definition under SEC rulesLiquidity providers in tokenized stocks get five-year exemption from dealer registration requirementsMove follows Senate's failure to advance Trump-backed cryptocurrency legislatio...