According to CoinMeta, the U.S. Securities and Exchange Commission (SEC) has established a five-year framework for tokenized stock trading. It is stated that American investors are now able to access stocks more conveniently, but issuers show limited interest in tokenization, so the adoption rate is not expected to be high in the short term. Additionally, it is noted that the trading volume of perpetual contracts far exceeds that of tokenized spot products, which provides greater appeal for obtaining exposure to crypto asset stocks. (Source: Bloomberg)