SEC Allows Temporary Relief for Tokenized Stock Trading

WHO:

CoinDesk - The SEC's announcement included details on how blockchain-based trading venues can list and trade tokenized securities.

CoinDesk - Carlos Domingo, CEO of digital asset and real-world asset tokenization platform Securitize, stated, “This is extremely positive because it gives a way to trade real tokenized stocks.”

CoinDesk - The SEC's announcement included details on how blockchain-based trading venues can list and trade tokenized securities.

Reuters - The U.S. Securities and Exchange Commission (SEC) unveiled its long-awaited exemption for companies facilitating blockchain and tokenized stock trading.

Techmeme - The U.S. Securities and Exchange Commission (SEC) is involved in the announcement of the "Innovation Exemption."

WHAT:

CoinDesk - The SEC's order grants tokenized securities venues a five-year "conditional exemption" from meeting the definition of an "exchange" in U.S. securities law.

CoinDesk - The SEC's Innovation Exemption allows companies to operate without many stock exchange rules for a duration of five years.

CoinDesk - The SEC's framework favors tokens that represent actual U.S. shares and carry the same rights as traditional stock, including dividends and voting rights.

CoinDesk - The SEC's new exemption allows for different tokenization models, ranging from issuer-sponsored projects to custodial structures, while excluding synthetic products that only provide price exposure.

CoinDesk - The SEC's order grants tokenized securities venues a five-year "conditional exemption" from meeting the definition of an "exchange" in U.S. securities law.

CoinDesk - The SEC's order allows for trading via automated market makers and liquidity pools, which will manage pools of necessary assets and use algorithm-driven automation.

Reuters - The SEC's Innovation Exemption allows companies to operate without many stock exchange rules for a duration of five years.

99 Bitcoins - The SEC’s conditional relief allows permissioned venues to trade tokenized stocks via automated market makers (AMMs) and liquidity pools, with specific caps and safeguards in place.

Techmeme - The SEC unveiled a five-year "Innovation Exemption" that allows platforms facilitating blockchain and tokenized stock trading to be free from many stock exchange rules.

Cointelegraph - The SEC's Innovation Exemption permits limited tokenized US stock trading on on-chain venues, subject to trading caps and transparency requirements.

WHERE:

CoinDesk - The exemption applies to on-chain venues in the United States.

Cointelegraph - The exemption applies to on-chain venues in the United States.

WHEN:

CoinDesk - CoinDesk is holding its annual Policy and Regulation summit on Sept. 22 in Washington, D.C., featuring SEC Crypto Task Force Chief Counsel Taylor Lindman.

CoinDesk - CoinDesk is holding its annual Policy and Regulation summit on Sept. 22 in Washington, D.C.

Techmeme - The exemption is set to last for five years from the date of its announcement.

WHY:

CoinDesk - The exemption aims to foster innovation in the trading of tokenized stocks.

Techmeme - The exemption aims to foster innovation in the trading of tokenized stocks.

HOW:

CoinDesk - The SEC's order sets paths for tokenization by either the stock issuer or a third party, under certain conditions.

Reuters - The exemption includes specific trading caps and transparency requirements for the trading of tokenized stocks.

Cointelegraph - The exemption includes specific trading caps and transparency requirements for the tokenized stock trading process.

(UPDATED September 18, 2026 11:57 UTC)

The SEC has announced that blockchain-based trading venues can now list and trade tokenized securities, granting them a five-year "conditional exemption" from the definition of an "exchange" under U.S. securities law. This Innovation Exemption allows companies to operate without many stock exchange rules, specifically for on-chain venues in the United States, and aims to foster innovation in the trading of tokenized stocks. CoinDesk will hold its annual Policy and Regulation summit on September 22 in Washington, D.C., featuring SEC Crypto Task Force Chief Counsel Taylor Lindman.

(UPDATED September 18, 2026 07:07 UTC)

CoinDesk is set to hold its annual Policy and Regulation summit in Washington, D.C., on September 22. The event will feature Taylor Lindman, the Chief Counsel for the SEC Crypto Task Force. This summit promises to be a key gathering for discussions on cryptocurrency regulation and policy.

(UPDATED September 18, 2026 03:59 UTC)

The SEC has introduced a new framework that favors tokens representing actual U.S. shares, ensuring they carry the same rights as traditional stocks, including dividends and voting rights. Carlos Domingo, CEO of Securitize, expressed optimism about this development, stating it provides a positive avenue for trading real tokenized stocks. The SEC's order also outlines various tokenization models, allowing for projects sponsored by issuers or custodial structures, while specifically excluding synthetic products that only offer price exposure.

(UPDATED September 17, 2026 21:59 UTC)

The SEC has announced new guidelines that will allow blockchain-based trading venues to list and trade tokenized securities. Under this order, these venues will receive a five-year "conditional exemption" from being classified as an "exchange" under U.S. securities law, enabling trading through automated market makers and liquidity pools. Additionally, CoinDesk is set to hold its annual Policy and Regulation summit on September 22 in Washington, D.C.

(UPDATED September 17, 2026 20:01 UTC)

The U.S. Securities and Exchange Commission has announced a new exemption aimed at companies involved in blockchain and tokenized stock trading. This Innovation Exemption allows these companies to bypass many stock exchange regulations for a period of five years, provided they adhere to certain trading caps and transparency requirements. This move is expected to reshape the landscape of how tokenized stocks are traded in the market.

(UPDATED September 17, 2026 16:01 UTC)

The SEC has granted conditional relief that permits permissioned venues to trade tokenized stocks using automated market makers and liquidity pools, with certain caps and safeguards established. This move could significantly impact the trading landscape for digital assets. In related news, 99 Bitcoins has reported on this development, highlighting the evolving regulatory environment.

(UPDATED September 17, 2026 15:00 UTC)

The U.S. Securities and Exchange Commission has announced a new "Innovation Exemption" that will allow platforms facilitating blockchain and tokenized stock trading to operate without many traditional stock exchange rules for the next five years. This exemption, which applies to on-chain venues in the United States, permits limited tokenized U.S. stock trading while imposing specific trading caps and transparency requirements. The goal of this initiative is to foster innovation in the trading of tokenized stocks.