US SEC Reveals Three Firms Planning Tokenized Stock Venues

Key Insights: Three firms plan tokenized stock venues, but US SEC listing does not confirm compliance. Planned venues will use Canton, X Layer, and Kronos X Public as their networks. The SEC’s five-year exemption follows debate over issuer consent and investor rights. Tokenized stock venue plans from three firms have reached the US Securities and Exchange Commission (SEC) under its new innovation exemption. The agency named TSV LLC, OKXICE, and Kephas Corporation on Wednesday, outlining their intentions to operate blockchain-based trading platforms. However, it cautioned that appearing on the list does not establish compliance with the exemption’s conditions. Three Firms Detail Tokenized Stock Venue Plans The three firms plan to use different blockchain networks, with TSV LLC choosing Canton Network.

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