Perpetuals filed notice for a tokenized U.S. equities trading venue with 24/7 trading and shareholder rights, pending a five-year SEC exemption.
Regulation & Gov ·
Perpetuals.com published notice on October 14, 2026 of its plan to operate a tokenized U.S. equities trading venue under the SEC's five-year Innovation Exemption framework, which permits onchain trading of National Market System stocks with 24/7 access and full shareholder rights including dividends and voting. The company must observe a 30-calendar-day waiting period after publication before launching, during which issuers can object to third-party tokens of their stock, and each individual token listing carries its own separate issuer-notice window before trading can commence. Perpetuals did not announce a launch date, identify which stocks it would list, or specify the blockchain and settlement mechanisms in the notice, characterizing the filing as an initial step subject to meeting exemption conditions rather than a confirmed product debut.