The @SECGov's Innovation Exemption creates a path for tokenized securities to trade onchain in the United States - a big step towards more modern, accessible, and competitive markets. @coinbase already supports tokenization for non-U.S. customers from Abu Dhabi. It is good to see a path emerging to bring these capabilities onshore.
Huge thanks to @SECPaulSAtkins for advancing regulatory clarity in a way that supports innovation, investor choice, and the strength of American capital markets.
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Today, we are taking a significant step forward, within our statutory authority, to bring America’s capital markets into the digital age by facilitating onchain trading of certain tokenized stocks through the "Innovation Exemption." 🇺🇸
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