[Investment Bank Analyst: SEC's Innovative Exemption Unlikely to Change Low Demand for Tokenized Stocks] The U.S. Securities and Exchange Commission (SEC) has introduced an innovative exemption for tokenized assets, allowing platforms to conduct pilot programs for tokenized stock trading and settlement. Investment bank analysts pointed out that both retail and institutional demand for tokenized stocks remains lacking, with high compliance costs and infrastructure upgrade expenses. Existing traditional trading systems meet investor needs, leaving investors with little incentive to shift to blockchain platforms. (Source: CoinDesk)