Perpetuals plans tokenized US stocks under SEC innovation exemption

Perpetuals.com has announced plans to offer tokenized U.S. stocks through the SEC’s five-year Innovation Exemption, with its proposed launch subject to a 30-day notice period and compliance with the framework’s conditions. Perpetuals plans to offer blockchain-based U.S. equities while retaining dividend and voting rights. The company says its launch depends on notice requirements, regulatory conditions, and technical implementation. SEC rules require qualifying stock tokens to provide rights matching the underlying conventional shares. The proposed offering follows an agreement to tokenize more than $300 million in physical commodities.

Source: crypto.news