SEC tokenized stock plan raises exchange revenue fears
Tokenized stocks could split liquidity and exchange revenue as SEC weighs a new exemption, Tiger Research says, with RWA demand rising fast.
The Defiant·

Hester Peirce pushes back against "hyperbole" surrounding a contemplated SEC innovation exemption for tokenized NMS stock, emphasizing it would cover only digital representations of existing equities, not synthetic assets.
Read full articleTokenized stocks could split liquidity and exchange revenue as SEC weighs a new exemption, Tiger Research says, with RWA demand rising fast.
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U.S. Securities and Exchange Commission Commissioner Hester Peirce has pushed back against expectations that the agency could soon open the door to unrestricted tokenized stock trading through a proposed “innovation exemption.” According to comments Peirce posted on X on Thursday,…
An executive at tokenization platforms Superstate said the stricter approach suggested by Hester Peirce would enable DeFi to expand without compromising rules in traditional capital markets.
The SEC's narrow exemption for onchain equity products may limit innovation but provides a controlled environment for regulatory data collection. The post SEC’s Hester Peirce expects innovation exemption to apply narrowly to onchain equity products appeared first on Crypto Briefing.
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Enhanced regulatory coordination may streamline compliance, reduce oversight redundancies, and improve market risk management for investors. The post SEC and NFA sign MOU to enhance regulatory coordination on derivatives and securities oversight appeared first on Crypto Briefing.