The biggest policy push for tokenized stocks is coming! The SEC is preparing to introduce an 'innovation exemption' for tokenized stocks this week. According to Bloomberg, the SEC is leaning toward allowing third-party stock tokens, even without the consent of the listed companies they track. These tokens may lack standard shareholder rights, such as voting rights or dividends. This means a crypto platform could create tokens linked to Apple, Tesla, or Amazon stocks without the involvement of the issuers. The exemption will cover trading on DeFi platforms, where tokenized stocks can bypass certain aspects of the traditional stock market structure. This is different from the Nasdaq-approved tokenized securities model, which keeps trading tied to existing market infrastructure and DTC settlement. If this policy is implemented, it will be a huge boost for the vast majority of on-chain stock tokens and CFD contracts, as it essentially grants them a 'get-out-of-jail-free card' from the SEC. At the very least, compliance concerns will no longer be the primary issue. Sponsored by @bitget_zh: 'Bitget - Buy U.S. stocks: Instant entry, seamless trading.'