SEC Approves Five-Year Tokenized Stock Exemption — SkimNews

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- SEC issued a five-year exemption enabling tokenized stock trading in the U.S., per Reuters.
- Tokenized stocks are now positioned for crypto-style trading closer to 24/7 in U.S. markets, per CNBC, with WSJ framing the move as the assets "coming ashore" — language implying an existing offshore market gaining U.S. regulatory legitimacy.
Why it matters: The five-year exemption creates a defined regulatory window for tokenized U.S. equities to trade domestically with SEC approval, bringing onto U.S. soil a market that was already active offshore and enabling round-the-clock equity trading on crypto-style rails.
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