Perpetuals.com Targets U.S. Stock Tokenization Under SEC Innovation Plan

Perpetuals.com plans to offer tokenized U.S. stocks under the Securities and Exchange Commission’s proposed five-year Innovation Exemption framework. The Nasdaq-listed company announced the plan on October 14, but the service remains subject to regulatory requirements.

The company has not disclosed a launch date, the blockchain it will use or which stocks it plans to offer.

SEC Framework Sets Trading Conditions

The SEC introduced its temporary framework in September for eligible trading venues handling tokenized securities. Requirements cover regulatory notices, transparency, recordkeeping and technology.

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Perpetuals.com said its founding team began developing tokenized stock products in 2021, supporting platforms including Binance, FTX and Bittrex. The company has also announced pla…

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