⭐️⭐️⭐️⭐️ Wall Street Is Getting Closer to On-Chain Stocks

✨ The SEC’s new five-year innovation exemption could open the door for tokenized U.S. stocks to trade through AMMs on public blockchains, while still keeping real shareholder rights like dividends and voting.

💵 Analysts at Goldman Sachs and Citizens see Coinbase, Robinhood and Circle among the companies that could benefit, although there’s still work to do. Coinbase may need new AMM infrastructure, Robinhood’s current stock tokens don’t yet provide full ownership rights, while USDC could play a role as settlement cash.

The interesting part now isn’t whether stocks can move on-chain - it’s who can build a compliant venue first.