SEC’s innovation exemption poses constraint on bringing stock tokens to US, Robinhood crypto chief says
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Robinhood’s crypto chief said the company is still working through the SEC’s innovation exemption for tokenized stocks, and that stock-token trading volume is already close to the exemption’s limits. The latest coverage adds that the framework is a five-year rule set that caps eligible symbols and volume while requiring tokenized U.S. equities to keep the same rights as the underlying shares.
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