🚨 TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools. https://t
Why now
Thesis: Exemptive relief lowers barriers for tokenized venues
Catalyst to watch: Venue launches under relief
Main risk: Relief challenged or narrowed
Why it matters
Exemptive relief lets tokenized securities venues operate outside exchange definition, lowering regulatory barriers.
Details
🚨 TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools. https://t.co/VDi7Oty2d9
Sources
- x · 2026-09-17 13:03 UTC