SEC’s innovation exemption poses constraint on bringing stock tokens to US, Robinhood crypto chief says
60-second summary
Robinhood’s crypto chief Johann Kerbrat says the firm is still navigating the SEC’s new “innovation exemption,” which limits how quickly tokenized stocks can launch in the United States. He explains that regulatory uncertainty forces a cautious rollout, slowing product development and potentially delaying broader market adoption of stock‑backed tokens, which could temper industry growth.
Robinhood's Johann Kerbrat told The Block that Robinhood is still working through the SEC's latest innovation exemption on tokenized stocks.