SEC prepares a path for tokenized stocks The SEC is preparing to unveil its long-awaited "innovation exemption" as soon as Friday, August 14, potentially creating a new regulatory path for trading tokenized versions of U.S. stocks on blockchain rails. The framework could allow traditional securities to operate through onchain infrastructure, opening the door to 24/7 trading and faster settlement than conventional market structures currently provide. But the exemption would not mean unrestricted tokenization. $XRP Measures under consideration include giving public companies the ability to object when third parties tokenize their shares, additional anti-money laundering safeguards, and potentially restricting eligible trading platforms to U.S.-based entities. The initiative has been delayed since May as the SEC gathered feedback from exchanges and listed companies. Its expected unveiling this week would mark the debut of the exemption framework not the adoption of a final rule. The announcement is also separate from the SEC's open meeting on Friday concerning the offering regime for certain investment contracts involving crypto assets. Wall Street tokenization has already been advancing through private-sector initiatives. The SEC is now preparing to define the conditions under which that transition could begin moving formally into the U.S. market structure. #xrp #btc #crypto