Morning Minute: The SEC Plans Rules for Tokenized Stocks
The SEC is reportedly preparing two crypto moves in the coming days while Congress’s CLARITY Act remains stalled. One is a proposal for “Regulation Crypto,” which would let projects raise capital through token sales without full securities registration. The bigger move is a possible “innovation exemption” for tokenized stocks, allowing blockchain-based versions of names like Apple, Tesla, and Nvidia to trade 24/7 in fractional amounts with near-instant settlement. These tokens would generally mirror economic exposure but not voting or dividend rights, helping justify lighter regulation. The change would support Paul Atkins’ “Project Crypto” agenda and could give major legal clarity to a fast-growing tokenized asset market already expanding across Robinhood Chain, Solana, Base, and BlackRock’s tokenized funds. If adopted, it could accelerate real-world asset tokenization and open more US retail access to onchain markets.
