SEC’s tokenized securities rules expand crypto trading access via AMMs
The SEC announced a five-year “Innovation Exemption” on September 17, allowing qualifying Tokenized Securities Venues to trade tokenized NMS stocks using permissioned automated market makers.
The Securities and Exchange Commission said on September 17 it unveiled a five-year “Innovation Exemption” for qualifying Tokenized Securities Venues (TSVs). The framework allows TSVs to facilitate crypto trading in tokenized National Market System (NMS) stocks through permissioned automated market makers (AMMs) and liquidi…