Three Firms Tell SEC They Plan Tokenized Securities Venues
Photo: TokenPost
The Securities and Exchange Commission (SEC) says three firms have notified it of plans to operate trading venues for tokenized securities, with each proposal naming a different blockchain network. The plans concern the SEC’s innovation exemption , which provides conditional relief for eligible venues trading certain tokenized National Market System stocks. The SEC says appearing on its list does not establish that a company has met the exemption’s conditions. TSV LLC plans to operate on Canton Network. The company is held by Obsidian Systems co-founders Ali Abrar and Ryan Trinkle. Trinkle also serves on the Canton Foundation board.
Also reported by Coincu.
Source: TokenPost
