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News Explorer — Tokenized Stocks Get OK From SEC via No-Action Letter

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Dec 12, 12:17 pm
Coindesk

Tokenized Stocks Get OK From SEC via No-Action Letter

The SEC has allowed the tokenization of stocks and securities on approved blockchains for three years, aiming for more efficient trading. The approval came via a no-action letter sent to the Depository Trust & Clearing Corp. Major financial institutions like JPMorgan and BlackRock are exploring blockchain projects, indicating potential institutional investment in this area.

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