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News · ■ Unclear/unknown · 3 sources confirmed · 2026-09-21 19:08 UTC

Why this investment bank expects little demand for tokenized stocks despite SEC’s new trading rules

Why now

Thesis: Tokenized equities demand may lag SEC venue opening

Catalyst to watch: Actual trading volumes on new venues

Main risk: No new liquidity for crypto infrastructure

Why it matters

If tokenized equities see little demand, the SEC's opening of non-traditional trading venues may not translate into new liquidity or volume for crypto-linked market infrastructure.

Details

TD Cowen expects limited demand for tokenized stocks despite new SEC rules opening a path for trading outside traditional markets.

Related assets & topics

CryptoBitcoinInstitutional Flows

Sources

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