The U.S. Securities and Exchange Commission (U.S. markets regulator) has postponed a plan tied to tokenized stocks, slowing a potential step toward blockchain-based securities trading.
The U.S. Securities and Exchange Commission (U.S. markets regulator) has delayed a plan to allow blockchain-based tokenized stocks, according to the source. Tokenized stocks are digital representations of equity issued or tracked on blockchain networks, a structure often discussed as a way to make trading and settlement more programmable and efficient. The source does not provide a reason for the delay, a revised timeline, or details on the specific proposal.