First Tokenized Stock Venue Opens Under SEC Innovation Exemption

Eleanor Terrett announced Monday that a venue for trading tokenized U.S. stocks has opened under an SEC innovation exemption, putting regulated blockchain-based equity trading into operation.

Terrett described it as the first tokenized-stock venue operating under the exemption. The platform enables trades in digital representations of company shares, taking stock trading onto blockchain infrastructure.

Tokenized stocks are digital versions of shares, while the venue provides a place for those representations to be traded. The launch connects digital-asset technology with traditional finance through an operating platform, rather than a planned market.

The Securities and Exchange Commission has jurisdiction over the venue. The innovation exemption is intended to make room for financial-market innovation while maintaining investor protections, placing securities oversight at the center of the launch.

The exemption also frames the launch as part of a broader effort to bring digital assets into conventional finance, with technology development and investor safeguards both in view.