While the U.S. Securities and Exchange Commission (SEC) approved 'Temporary Conditional Exemption (Innovation Exemption)' measures allowing limited trading of tokenized U.S. stocks in an on-chain environment, U.S. SEC Commissioner Paul Atkins stated, "The U.S. capital market is moving towards expanding 24-hour trading. I believe tokenization technology has the potential to help implement 24-hour trading in the U.S. stock market." He added, "Tokenization can enable real-time inventory management in the securities industry. This can increase trading efficiency and reduce settlement failures, while also mitigating the risk of malicious naked short selling. Ultimately, the goal is also to completely eliminate such short-selling threats. Furthermore, I have asked SEC staff to review the necessary measures to harmonize an environment favorable to market growth with safeguards against harmful market behavior."
