
Five-Year U.S. Experiment Opens Pathway for DeFi and Tokenization Firms
A five-year U.S. experiment is set to provide a new pathway for DeFi-style trading venues, tokenization companies and liquidity providers operating in digital-asset markets.
Synthetic Stock Tokens Excluded
The framework does not extend to synthetic stock tokens, leaving those products outside the scope of the experiment. The distinction separates eligible digital-asset market infrastructure from tokens designed to replicate exposure to traditional equities.