SEC Crypto Newsroom/
Slumber Number: Innovation Exemption Statement
The SEC has issued an order providing time-limited exemptions to allow the onchain trading of tokenized U.S. stocks via 'tokenized securities venues' (TSVs). These venues and their liquidity providers are exempt from certain 'exchange' and 'dealer' definitions under the Securities Exchange Act of 1934 to facilitate experimentation and inform future permanent rulemaking.
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Read the original report at SEC Crypto NewsroomWhy It Matters
This represents a formal regulatory pathway for integrating traditional equity markets with blockchain technology, potentially reducing reliance on traditional intermediaries for asset ownership and trading.