Robinhood Crypto executive says SEC tokenized stock approval is smart regulation

The U.S. SEC approved a temporary conditional exemption, described as an innovation exemption, on Sept. 17 to allow limited trading of tokenized U.S. stocks in on-chain environments, and Robinhood Crypto General Manager Johann Kerbrat said smart regulation can accelerate innovation. Kerbrat said the SEC’s innovation exemption makes him excited about what the company can build next. Kerbrat added the exemption also signals tokenized products are ready for a broader rollout in the U.S. market and said the move will help establish and develop a tokenized securities market with sufficient liquidity in the United States.