Three Firms Plan Tokenized Securities Venues Under SEC Exemption

Three companies have disclosed plans to operate tokenized securities trading venues under an innovation exemption issued by the U.S. Securities and Exchange Commission, a development that would place blockchain-based securities infrastructure inside a formal, if conditional, regulatory perimeter for the first time at this scale. The plans remain intentions, not operational approvals, and the exemption framework that underpins them carries specific conditions that must be satisfied before any venue can begin trading.