Crypto
Robinhood CEO says tokenization era opens in U.S., welcomes SEC five-year pilot
Robinhood CEO Vlad Tenev expressed optimism after the U.S. Securities and Exchange Commission introduced a five-year, time-limited regulatory exemption for blockchain-based tokenized stock trading. Under the SEC’s “Innovation Exemption,” qualifying platforms can allow trading of tokenized U.S.-listed shares. The SEC set limits on eligible stocks, volumes and participants, and required tokenized trading to stop if the underlying stock is halted. Issuers must be notified and may object within 30 days.
