The administration of US President Donald Trump is preparing to unveil a major strategy for launching trading in digital securities, which could radically transform the structure of the US stock market. According to authoritative sources, the US Securities and Exchange Commission (SEC) may unveil a special "innovation exemption" for tokenized shares of public corporations in the coming days. This unprecedented initiative will lay a solid legal foundation for the emergence of an entirely new ecosystem of investments and speculative bets on stock assets.

The essence of the regulator's upcoming reform is to issue official permission for the circulation of tokens tightly linked to the market prices of specific companies. Furthermore, third-party organizations will not require the consent or support of the stock issuers themselves to issue such digital instruments. Experts consider this move by the US agency to be extremely unexpected and bold, as these "third-party" derivatives will effectively become an alternative and highly liquid instrument for speculating on price fluctuations. It is expected that these new assets will be freely tradable on decentralized cryptocurrency platforms. However, the regulator is imposing a strict oversight filter: not all such digital contracts will replicate traditional shareholder privileges, such as the right to receive dividends or vote at meetings, and platforms that fail to guarantee these basic rights to investors will immediately lose their license to list such tokens.

The integration of tokenized assets at the state level will be a crucial historical experiment in migrating traditional equity capital to a blockchain infrastructure that operates natively without the traditional protective barriers of a traditional market. By legalizing the free issuance of digital copies of shares without the knowledge of the original issuers, the SEC is launching a global process to test the viability of parallel financial markets outside the established regulatory framework designed to ensure transparency and protect the interests of retail investors. According to the classification being developed, all tokenized securities will be strictly divided into two groups: original digital assets issued directly by the companies themselves (or their official representatives), and derivative instruments issued by independent third parties. The Commission's relevant departments are currently putting the finishing touches on the regulatory text, holding close consultations with hundreds of key players in the financial and cryptocurrency sectors to develop an optimal balance for the new rules of the game.