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      SEC Exemption Sparks Debate on Tokenized Stock Models

      The recent exemption granted by the U.S. Securities and Exchange Commission (SEC) for tokenized equities has reignited discussions among industry experts regarding the optimal structure for tokenized stocks. The exemption raises critical questions about whether these financial instruments should be designed as synthetic assets that merely track the price of underlying shares or as direct claims on those shares.

      Legal expert Rodrigo Seira from Cooley provided insights into the implications of the SEC's exemption, clarifying the legal boundaries that still exist. Meanwhile, Gabriel Otte, co-founder of Dinari, and Peter Curley, head of global regulatory affairs at Ondo Finance, discussed the differences between the two models in terms of custody, investor rights, compliance, and accessibility for non-U.S. investors. They emphasized the need for a structure that can effectively scale in light of the new regulatory landscape.

      The discussion took place during a live session hosted by Camila Russo, founder of The Defiant, on September 23, 2026. As the market for tokenized equities evolves, the insights shared by these industry leaders will likely influence future developments in this emerging financial sector.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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