According to CoinMeta, Perpetuals.com has announced plans to obtain a five-year innovation exemption from the U.S. Securities and Exchange Commission (SEC) in order to offer blockchain-based American stocks. The launch of this plan is subject to a 30-day notification period and compliance framework conditions. Perpetuals.com Ltd stated in its announcement on October 14th that it intends to utilize a temporary exemption from SEC to allow for the trading of tokenized securities. The company also noted that these transactions will offer features such as 24/7 trading, near-instant settlement, and partial ownership, with users retaining full dividends and voting rights. SEC requires that trading venues ensure that token holders enjoy the same rights and privileges as traditional stock holders.