SEC Greenlights Tokenized Stocks as CLARITY Act Stalls

The SEC just dropped its long-awaited "innovation exemption," giving qualifying platforms a five-year sandbox to trade real U.S. stocks on public blockchains without registering as national securities exchanges. This isn't just tokenizing a certificate—it's a regulatory green light for blockchain-based stock markets, with Tokenized Securities Venues (TSVs) now able to facilitate trading through smart contracts and liquidity pools while preserving shareholder rights like voting...