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Canton Network Hosts Tokenized US Share Trade Under SEC Innovation Exemption

(2 hours ago) · 1 source · Summarized by CryptoBipto

The Canton Network has facilitated a tokenized trade of US shares under an innovation exemption granted by the SEC. This marks a notable step in using blockchain-based infrastructure for traditional securities trading within a regulated framework.

WHY IT MATTERS

When you buy a stock today, the trade is recorded and settled through a complex system of intermediaries like brokerages, clearinghouses, and transfer agents.

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SOURCES

  • newsbtc.com

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