The U.S. Securities and Exchange Commission (SEC) is reportedly developing a plan to allow stocks to trade like crypto on the blockchain, treating shares of companies like Apple, Tesla, and Nvidia as digital tokens similar to how cryptocurrencies operate.

While the initiative has gained support from crypto exchanges and fintech platforms, it faces pushback from traditional financial institutions that profit from the existing market structure.

According to a report by The Information, the SEC is already consulting with market participants on regulatory changes that would make these tokenized securities possible.

SEC Plan to Make Stocks Trade on Blockchain Gets Nasdaq Backing

Nasdaq has already submitted a rule change filing to permit listed equities and ETPs to trade in tokenized form, with the SEC’s public-comment period ending October 14.

If approved, this would mark the first time U.S. markets officially recognize blockchain-based stock trading.

Crypto platforms such as Coinbase and Robinhood have also shown strong interest, viewing tokenization as an opportunity to expand their offerings and provide investors with broader access to equities.

SEC Commissioner Hester Peirce, recognized for her pro-crypto position, confirmed that the regulator is “ready to work with firms” seeking to tokenize traditional assets.

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