The former head of FTX Europe is pursuing a new exemption from the U.S. Securities and Exchange Commission (SEC) to facilitate trading of tokenized stocks in the U.S. market, according to CoinDesk.

This move aims to create regulatory clearance for digital assets that represent traditional equities, potentially opening new pathways for crypto-based stock trading platforms.

For Japanese investors, who have shown growing interest in tokenized assets and blockchain innovations, this development signals a possible shift in regulatory approaches that could influence cross-border digital asset trading.