SEC Sets Guardrails for Tokenized Stock Trading Venues

In breaking SEC crypto news today, the U.S. Securities and Exchange Commission has granted temporary, conditional relief allowing permissioned Tokenized Securities Venues to trade tokenized U.S.

National Market System stocks through on-chain automated market makers and liquidity pools. This follows a January 28, 2026 statement from the SEC’s Division of Corporation Finance, Division of Investment Management, and Division of Trading and Markets.

This is not a blanket green light for open-access decentralized finance. The relief comes with eligibility requirements, trading caps, transparency rules, and other safeguards that keep the experiment inside a controlled perimeter.

TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools.