BBX: SEC tokenized stock exemption framework is about to be implemented, with Coinbase and Robinhood being the most directly benefited listed companies

BBX News: Yesterday, the SEC's "Innovation Exemption" framework will allow cryptocurrency platforms to provide tokenized US stock trading with light regulation. Coinbase has launched zero commission traditional stocks and announced tokenized stocks as the next step; Robinhood EU has 100 tokenized stocks in operation and L2 blockchain construction is underway. Core points: Coinbase (NASDAQ: COIN): The SEC Innovation Exemption Framework will be implemented as early as this week, and Coinbase is the most directly benefiting platform; Zero commission traditional stocks have been launched (March 2026), and tokenization of stocks is the next step; Nasdaq has been approved by SEC in March, while ICE is awaiting approval. ⚠️ The framework has not been officially released yet. Robinhood (NASDAQ: HOOD): Core beneficiary of SEC exemption framework; 100 tokenized US stocks in the EU have been put into operation, and L2 blockchain construction is underway; If exempted from landing, it will compete head-on with Coinbase in the US tokenized stock market; The probability of Polymarket's "$50 billion TVL" is about 41%. Source: bbx.com