Nasdaq-Listed Perpetuals Seeks SEC Exemption to Trade Tokenized US Stocks
Perpetuals, led by former FTX Europe head Patrick Gruhn, filed to trade tokenized US stocks using an SEC exemption, marking a regulatory step for digital securities.
Company
Perpetuals
Asset Class
Tokenized US Stocks
Regulatory Basis
SEC five-year relief
Waiting Period
30 days
The firm announced its intent to utilize a specific five-year regulatory relief provided by the SEC. Following this filing, a mandatory 30-day waiting period will commence before operations can proceed. This move highlights the ongoing integration of traditional equity markets with blockchain technology under existing legal frameworks.
Original summary by the Tokensoft Newsroom based on the cited source; read the source for full details. Not investment advice.