Securitize Shares Rally 15% Following SEC Tokenization Exemption

Securitize (SECZ) shares rose over 15% on Friday, reaching $16.53, following the SEC's introduction of a five-year Innovation Exemption. This regulatory move allows tokenized securities platforms to operate without traditional exchange registration and exempts certain liquidity providers from dealer registration requirements. The exemption, described by SEC Chair Paul Atkins as a temporary bridge, aims to facilitate onchain trading while the commission evaluates further regulatory needs. Securitize, which serves as the transfer agent for BlackRock’s BUIDL fund, went public on the NYSE in July and has tokenized $295 million of its own shares on Solana and Avalanche.