SEC Issues “Innovation Exemption” to Facilitate the Trading of Tokenized NMS Stock and Request for Comment

What happened

Summary: Sources report the SEC issued an "Innovation Exemption" granting temporary, conditional relief letting Tokenized Securities Venues trade tokenized NMS stock; CNBC links it to tokenized stocks and a Securitize jump.
Key point: SEC press release headline says the SEC issued an "Innovation Exemption" to facilitate trading of tokenized NMS stock and requested comment.
Key point: SEC feed snippet says the order grants temporary, conditional exemptive relief to Tokenized Securities Venues ("TSV") from the Exchange Act definition of "exchange" to trade.
Key point: CNBC reports the SEC cleared a path for tokenized stocks, bringing the market closer to 24/7 trading, and that Securitize surged after regulators greenlit issuing tokenized stocks on some U.S. platforms.
Qualification: CNBC says the Innovation Exemption came two days after the Senate voted to block the Clarity Act crypto market structure bill from advancing.
Qualification: Evidence is headline and feed-snippet depth; the SEC snippet is truncated, so details of the relief are incomplete.