Under the SEC's five-year Innovation Exemption, trading venues must notify issuers and grant them a 30-day window to object in writing to block third-party tokenization of their shares

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Traditional assets like treasuries, funds, stocks and real estate brought onto blockchains as tradable tokens.

Moving stocks, bonds, and other securities onto blockchains as tokenized assets, and the debates over investor protection, trading hours, and settlement.