# SEC Opens the Door to Tokenized U.S. Stocks After CLARITY Failure | CoinDesk Daily

Page: https://stenobird.com/podcast/coindesk-podcast-network-334494/sec-opens-the-door-to-tokenized-u-s-stocks-after-clarity-failure-coindesk-daily
Text version: https://stenobird.com/podcast/coindesk-podcast-network-334494/sec-opens-the-door-to-tokenized-u-s-stocks-after-clarity-failure-coindesk-daily.md
Podcast: [CoinDesk Podcast Network](https://stenobird.com/podcast/coindesk-podcast-network-334494)
Published: 2026-09-18T15:29:00+00:00
Episode link: https://traffic.megaphone.fm/CDI4040686395.mp3
Audio file: https://traffic.megaphone.fm/CDI4040686395.mp3
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JSON: https://stenobird.com/v1/public/podcasts/coindesk-podcast-network-334494/episodes/sec-opens-the-door-to-tokenized-u-s-stocks-after-clarity-failure-coindesk-daily
Duration seconds: 117

## Resource

The SEC approved its "innovation exemption" that brings stocks on-chain. The SEC approved a five-year "innovation exemption" that lets firms trade real tokenized U.S. stocks on public blockchains, favoring tokens that carry full shareholder rights over synthetic price-tracking products. The move opens a regulated lane for DeFi and puts pressure on offshore offerings like Robinhood's stock tokens and Kraken's xStocks. CoinDesk's Uyen Truong hosts "CoinDesk Daily." - This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ realfi.co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. - This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com. - This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

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