Nasdaq-listed Perpetuals.com plans tokenized U.S. stock trading under new SEC exemption

Perpetuals.com, led by CEO Patrick Gruhn, plans to offer tokenized U.S. stocks under the SEC's five-year innovation exemption, making it the second company after OKX-ICE to pursue this venue. The exemption allows trading on public blockchains without traditional securities exchange registration, provided tokens carry full shareholder rights, including dividends and voting rights. Trading could begin in mid-November, pending technical and compliance preparations.