Robinhood Says SEC Rules Could Limit Stock Tokens as Crypto Perps Head to the US

TLDR Robinhood says its stock token volume is already high enough to hit caps in the SEC’s new innovation exemption. The SEC issued a five-year exemption on Sept. 17 that lets some U.S. venues trade tokenized stocks. Robinhood plans to add in-kind redemption and voting rights to its stock tokens. The company’s crypto chief called [...]

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