SEC Poised to Authorize Tokenized Stock Trading: A Revolution for US Financial Markets?
The US financial landscape is on the verge of a historic shift. The Securities and Exchange Commission (SEC) is reportedly set to authorize the trading of tokenized stocks — blockchain-based versions of traditional equities — a decision that could fundamentally reshape capital markets. According to reports from Reuters, Bloomberg and CoinDesk, the SEC is preparing to unveil a regulatory framework allowing crypto platforms to offer trading in tokenized stocks, representing shares of companies like Apple, Tesla and Amazon as tokens on a blockchain. This marks a major pivot for the agency, long viewed as hostile to crypto innovation under Chair Gary Gensler. Nasdaq has already received preliminary SEC approval to trade tokenized securities on its platform, a first in the US. Meanwhile, the on-chain market for tokenized assets has surpassed $1.4 billion in value, signaling strong investor appetite for this new asset class, according to Yahoo Finance. Forbes summed up the situation with a striking phrase: “America is about to have two stock markets for the same company.” In practice, an Apple share could trade simultaneously on traditional exchanges and on-chain platforms, creating parallel liquidity pools.
