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Tokenized US Stocks Get New Regulatory Framework as SEC Prepares Exemption Release

Key Takeaways The SEC, under Chair Paul Atkins, plans to release a tokenized stock innovation exemption as soon as May 18, 2026. The framework could open U.S. equity markets to platforms like Coinbase without full broker-dealer registrations. The exemption follows Nasdaq and NYSE tokenized trading approvals in March and April 2026, signaling accelerating onchain adoption….

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Kraken revenue hits $507m in Q1 despite slump

Kraken revenue rose 3% year-on-year to $507m in Q1 2026 as futures trading jumped 51%, Payward said Monday. Summary Payward posted $507m in Q1 2026 adjusted revenue, up 3% year-on-year, despite Bitcoin falling 22% during the quarter and industry-wide spot volumes dropping 38%. Futures daily average revenue trades rose 51%, driven by NinjaTrader, Breakout, and…

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