SEC issued an Innovation Exemption for tokenized NMS stock on Sept 17, opening a path for qualifying platforms to trade tokenized equities.
Binance's 24/7 pricing shows crypto-linked equities $COIN, $HOOD, $MSTR, and $CRCL all extended gains through the announcement, with all four trading back above their prior intraday highs.
On the DeFi side, $UNI and solana:4k3Dyjzvzp8eMZWUXbBCjEvwSkkk59S5iCNLY3QrkX6R led the token panel, up 22.5% and 10.8% — both already running permissioned AMM pools since a same-day Uniswap/Raydium launch in July. BNB Chain's ethereum:0x152649ea73beab28c5b49b26eb48f7ead6d4c898 and Base's base:0x940181a94a35a4569e4529a3cdfb74e38fd98631 advanced as well, up 4.2% and 3.1%.
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🚨 TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools.
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