Browsing: Innovation

The US Securities and Exchange Commission has unveiled an “Innovation Exemption” that grants tokenized securities trading platforms conditional regulatory relief for five years. Platforms that meet the requirements will be able to operate tokenized stock trading services without separate designation as exchanges.

Two days after the CLARITY Act stalled in a Senate cloture vote, the SEC issued its “Innovation Exemption,” letting qualifying venues trade tokenized stocks on-chain without registering as exchanges or dealers. Industry experts say the move keeps momentum alive, but warn that agency action can’t replace the durability of statute.

Currencies39240 Market Cap$ 2.70T+1.59% 24h Spot Volume$ 36.08B-9.08% DominanceBTC56.63%-0.61%ETH11.02%+0.66% ETH Gas0.05 Gwei News Sep 17, 2026 2min read byAnjali Belgaumkar forCoinpedia

Hyperliquid Strategies(NASDAQ:PURR) jumped 8% Thursday after the SEC approved the Innovation Exemption, a temporary order allowing tokenized stock trading on-chain for the first time.

Two days after the Senate failed to move forward the Clarity Act, theU.S. Securities and Exchange Commissiongranted five-year exemptive relief for the onchain trading ofstock tokensthat are 1:1 backed by the underlying with full voting rights, dividends, proxies, etc.

TSVs must meet requirements covering transparency, recordkeeping, technology safeguards, and trading limits.