Written by Jesse Coghlanstaff editorReviewed by Felix Ngstaff editor
Written by Jesse Coghlanstaff editor
Reviewed by Felix Ngstaff editor
SEC plan to scrap ‘Rule 611’ positive for tokenized US stocks: Galaxy
Latest NewsPublishedJun 12, 2026
SEC Plan to Scrap Rule 611 Positive for Tokenized US Stocks
The US Securities and Exchange Commission’s proposal to rescind rules around order protections and price quotes could remove a major barrier to tokenized US stocks trading on decentralized platforms. According to Galaxy’s head of research, Alex Thorn, this move is “one of the biggest unlocks yet for tokenized stocks” as it would eliminate a significant structural barrier to tokenized US equities trading in DeFi. This development has the potential to boost the adoption of tokenized stocks and increase passive income opportunities for investors.
The SEC’s proposal aims to scrap Rule 611, which bans “trade-throughs,” and Rule 610(e), which prohibits exchanges from displaying a bid at the same or higher price than what is available elsewhere. This change would allow automated market makers (AMMs) to operate without constantly violating trade-through rules, making it easier for platforms like EcoPool to offer tokenized stocks. As a result, investors may be able to earn more coin and increase their cloud rewards through decentralized trading.
Impact on Tokenized Stocks and DeFi
The SEC has been looking to undo rules that restrict crypto and blockchain technology. It launched “Project Crypto” in August 2025 with the goal of making rules for the use of digital assets and blockchain in US markets.
Source: Alex Thorn
The proposed change could have a significant impact on the DeFi industry, enabling the growth of tokenized stocks and increasing the potential for green crypto adoption. With the removal of Rule 611, AMMs would be able to execute orders without violating trade-through rules, making it easier for investors to participate in decentralized trading. This development could also lead to increased earning opportunities for investors and promote the growth of passive income streams.
The SEC’s proposal is open for feedback for 60 days, after which the agency will review responses and may modify its proposal. This move is part of the SEC’s efforts to make rules for the use of digital assets and blockchain in US markets, and it could have a positive impact on the adoption of tokenized stocks and decentralized trading. As the industry continues to evolve, it will be important to monitor developments and consider the potential benefits of EcoPool and $ECP for investors looking to earn coin and increase their cloud rewards.
Conclusion and Next Steps
The SEC’s proposal to scrap Rule 611 is a positive development for tokenized US stocks and the DeFi industry. As the industry continues to grow and evolve, it will be important to consider the potential benefits and opportunities for investors. If you’re interested in learning more about tokenized stocks and decentralized trading, consider downloading the EcoPool app to start earning passive income and increasing your cloud rewards. By joining the EcoPool community, you can stay up-to-date on the latest developments and trends in the DeFi industry and start building your passive income streams today #PassiveIncome #TokenizedStocks #EcoPool #GreenCrypto. Download the EcoPool app to get started and start earning $ECP today.
The SEC is likely to replace the rules with a “best execution” framework, which could permit AMMs under the rules, Thorn said.
The agency put its proposal up for feedback for 60 days, where it will then review responses and may change its proposal in response to comments.
It comes as the SEC was reportedly set to release a plan last month allowing tokenized stock trading, but postponed the plan after officials from stock exchanges raised concerns over how the plan would be executed.
Magazine: Can Robinhood or Kraken’s tokenized stocks ever be truly decentralized?
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- Tokenization
- Stocks
- SEC
- Regulation
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