US regulator lets platforms trade tokenized stocks without exchange license

The SEC created a new Tokenized Securities Venue category. Platforms can now handle tokenized equities without a full exchange license, provided they meet strict rules on public smart contracts, issuer notifications and halting trades in sync with the underlying stock exchange.

Liquidity providers serving these pools received a five-year exemption from dealer registration. The clock started on September 17, 2026. Volume and symbol caps still apply, and contracts must remain fully auditable on public blockchains.

One day earlier the Senate rejected the CLARITY crypto bill backed by Donald Trump. Fifty senators voted against the measure that aimed to clarify oversight powers of the SEC and other federal agencies.

Based on information from https://cryptonews.net