Securitize jumps after regulators greenlight some tokenized U.S. stock trading

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Securitize surged Thursday after federal regulators greenlit the issuing of tokenized stocks on some trading platforms in the U.S. The tokenization name was last up 14%. At its peak, it was up 24%. The Securities and Exchange Commission earlier in the day announced a temporary path for the limited trading of tokenized publicly traded U.S. stocks . The order, though not a formal regulation change, will remain in force for five years. SECZ 5-day chart "The Innovation Exemption is designed to resolve challenges that have prevented responsible innovation from taking root in the United States while providing investor protections and market integrity standards," SEC Chair Paul Atkins said in a statement. Tokenization refers to the process of registering ownership rights for real-world assets like bonds and stocks on a digital decentralized ledger. The technology makes it possible to trade financial assets around the close, giving tokenized securities an edge over their traditional...

Here is what changed in the new Fed statement under Warsh

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July. Text removed from the July statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements.

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