SEC launches five-year tokenized-stock exemption as UNI jumps more than 14%

  • SEC introduced a five-year experimental framework for eligible tokenized-stock trading venues.
  • UNI reached $7.93, ONDO $0.3792 and BP $0.55 at their highs.
  • Related tokens gained more than 14%, more than 7% and nearly 14%, respectively, over 24 hours.

Related tokens rose after the SEC (U.S. securities regulator) introduced an innovation exemption for tokenized securities (digital representations of financial assets) trading. UNI reached $7.93 and gained more than 14% over 24 hours, while ONDO touched $0.3792 and rose more than 7%. BP reached $0.55 and gained nearly 14%, according to OKX market data cited by Odaily. The policy provides eligible venues trading tokenized stocks with a five-year experimental framework.

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