The US Stock Exchange on Blockchain: 3 Points to Understand the SEC's Major Initiative
An exchange that hardly sleeps anymore, stocks turning into tokens. In just one week, the SEC has laid down two pieces of the same puzzle: extending trading hours and an unprecedented exemption to allow real US stocks to circulate on the blockchain. This can be confusing if you've only caught snippets of the news. Here’s a breakdown of what the American regulator is preparing, in three points, before the topic becomes central again next week.
Key points of this article:
- The SEC has extended the trading hours of US exchanges until 11 PM on weekdays, with adapted market data dissemination.
- An unprecedented exemption now allows qualified platforms to trade US stocks in the form of blockchain tokens, under strict conditions and a regulated framework.
- Wall Street Will Trade Until 11 PM, Five Days a Week
The first initiative, the most visible: US exchanges will extend their trading hours until 11 PM on weekdays starting December 6. This is not just a simple scheduling adjustment.
The market data dissemination system (the SIP, which centralizes and redistributes real-time quotes) must also adapt to this extended rhythm, a transition confirmed by Jamie Selway, director of the SEC's Trading and Markets division. The stated goal goes beyond just hours: the SEC wants to test tokenization as a technical solution to maintain a nearly permanent market, with almost instant settlement instead of the classic T+1 cycle.
- The Innovation Exemption
The second piece of the puzzle, the "innovation exemption": the SEC has granted qualified platforms, dubbed Tokenized Securities Venues (TSV), a five-year exemption from the regulatory status of a "stock exchange".
In practical terms, these platforms will be able to facilitate the trading of listed US stocks in the form of blockchain tokens, continuously and in fractions, with almost immediate settlement. However, the exemption remains tightly regulated: a maximum of 75 large-cap symbols, capped at 0.25% of the average daily volume of the stock, and up to 250 small-cap symbols at 2.5% of volume. Each TSV must also notify the issuer of the security it wishes to tokenize in writing, allowing them 30 days to object.
- A Regulated Innovation, Not a Blank Check
The contentious question remains: is the SEC opening the floodgates, or is it cautiously testing the waters? The answer leans towards the latter option. Five years is significant, but it is not a permanent authorization. Volume caps, the right of veto for issuers, and the requirement for public and auditable smart contracts outline a framework designed to limit excesses rather than to unleash them. The American regulator has actually postponed this issue several times before making a decision.
The thread of the week can be summed up in one sentence: the SEC bets on blockchain to run a financial market that is faster, longer, and more fractional, without handing over the keys to the truck. The topic will soon return to the table as the first TSVs begin to list their initial securities.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Bitcoin, Sports, and Politics: Predictive Markets Target $10 Trillion

Exclusive Interview with CK Zheng of ZX Squared Capital: How a Wall Street Risk Control Expert Accurately Grasped Market Trends and Outperformed Bitcoin Returns by Double

The End of the Blank Prompt: Why Trading AI Needs a Playbook

Bankless Ventures Partner Claims ZEC Will Attract Bitcoin Funds in 2026

US Bond Market 'Meltdown'... Why Are Interest Rates Soaring?

Sam Price: The Impact of Cryptocurrency Legislation on Market Dynamics

The Quantum Issue: You Never Really Know The Future

Crypto Kidnapping: 6 Suspects Charged in Case Involving a Few Hundred Euros in Val-d’Oise

Security and fees hold back deeper crypto use among wealthy investors: Nexo report

Why leaving your crypto on an exchange is not the same as having it in your own wallet?

Binance Under Scrutiny Again for Iran-Related Trading

Altcoin demand meets $18B threat as flows move into RWA perps as just 19% of traders keep alts

90% of U.S. Treasury Yield Increase Concentrated Around Employment Data and Fed Speeches

Can Kraken's Parent Company Open the Door for Hyperliquid to Enter the U.S. Market?

Gold Price Today in Thailand: XAU/USD Holds Near $4,347 as Key Support Level Tested

Scam AI Bot: 274 ETH Lost in Smart Contract Trap

Why Do You Always Make Small Profits and Then Lose Everything? Taleb Explained It with 'Asymmetric Leverage' Twenty Years Ago

AI has become a tool for a new generation of fraudsters: how deepfakes are stealing millions of dollars - research

Can SOXL Reach $160 as AI and Semiconductor Stocks Rally?

Can PEPE Reach $0.000006 as Meme Coin Momentum Returns?

Meta's Muse: A Slightly Smarter Version of 'AI Ordering Coffee'

Over 70% of South Korean Crypto Investors Oppose Crypto Tax: What Are Their Concerns?

Howard Marks: U.S. Fiscal Discipline Out of Control, Buying Bonds to Suppress Yields is Just 'Putting Ice Packs on a Feverish Patient'

Bitget Conversations with Trader Shiguang: Seeking the Discrepancy Between Price and Value

AI and Crypto: Why BlackRock Sees a Major Convergence

Nomura Warns of 'Double Whammy' Risk: The Next Market Storm May Start with Interest Rate Volatility

What is Travix? An on-chain omnibroker combining AI trading and blockchain verification

VVV Hits All-Time High: Founder’s Perspective on Models, Privacy, and Crypto
How Did a Hacker Create 46 Billion Fake Bitcoin in the Symbiosis Exploit? Decodes Bitcoin Hacker With WEEX Now
How two Symbiosis bridge bugs let a hacker mint 46.1 billion unbacked syBTC, drain Bitcoin pools and expose critical bridge risks.











