Securitize jumps after regulators greenlight tokenized U.S. stocks
Securitize shares rose significantly after the SEC provided a temporary path for the limited trading of tokenized U.S. stocks. This regulatory development allows for the digital registration of ownership rights for real-world assets on decentralized ledgers.
Why it matters
This marks a significant regulatory milestone for the integration of blockchain technology into traditional financial markets, potentially increasing liquidity and trading efficiency.
Securitize surged Thursday after federal regulators greenlit the issuing of tokenized stocks on some trading platforms in the U.S.
The tokenization name was last up 14%. At its peak, it was up 24%.
The Securities and Exchange Commission earlier in the day announced a temporary path for the limited trading of tokenized publicly traded U.S. stocks . The order, though not a formal regulation change, will remain in force for five years.
SECZ 5-day chart "The Innovation Exemption is designed to resolve challenges that have prevented responsible innovation from taking root in the United States while providing investor protections and market integrity standards," SEC Chair Paul Atkins said in a statement.
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