According to Crypto In America, Taylor Lindman, Chief Legal Advisor of the SEC Crypto Task Force, stated that under the newly introduced innovation exemption, the first tokenized stock trading platforms could announce their operational plans as early as next quarter. The SEC has already received expressions of interest from multiple companies. The exemption, valid for 5 years, allows eligible platforms to trade tokenized U.S.-listed stocks on public, permissionless blockchains via permissioned AMMs and liquidity pools. The related tokens must retain traditional shareholder rights such as dividends and voting. SEC Commissioner Hester Peirce mentioned that the existing trading volume cap is sufficient to support commercial operations rather than being limited to small-scale experiments and views this exemption as a transitional arrangement before establishing long-term regulations. https://www.(wublock123.com)/news/sec-innovation-exemption-tokenized-stock-trading-platforms-operational-plan-next-quarter-68776