SEC’s Rule 611 Exit Could Ignite Tokenized US Stocks, Says Galaxy

SEC may scrap Rule 611, easing trade rules for tokenized U.S. stocks. Rule 611 repeal could favor AMM-based trading in tokenized markets. Tokenized stocks could face fewer market-structure hurdles if approved. The U.S. Securities and Exchange Commission (SEC) recently announced a significant change in the rules and regulations governing equity markets.  Consequently, this bold pivot…