SEC signals openness to tokenized US stocks, potentially benefiting platforms like Robinhood

The US Securities and Exchange Commission (SEC) has signaled a more lenient stance toward the tokenization of US stocks, allowing third-party tokens to track and trade public company share prices without requiring issuer consent. This regulatory shift aims to enable 24/7 blockchain-based trading for major assets like Apple (AAPL), Tesla (TSLA), and Nvidia (NVDA). Platforms such as Robinhood, Kraken, and Gemini are expected to benefit from this development, while traditional brokerages like E-Trade and Merrill Edge are also exploring the space.