Liquidity Pools

The U.S. Securities and Exchange Commission has opened a conditional pathway for tokenized securities venues to list and trade qualifying tokenized stocks without registering as exchanges. The move gives blockchain-based platforms a five-year window to test onchain market models under SEC conditions while broader rulemaking remains unresolved.

Maya Protocol stopped trading on MAYAChain after an attacker used a sequence of software failures to distort pool accounting and extract bitcoin and other assets. The direct haul was estimated near $1.65 million, while the broader liquidity-pool impact reached about $10.9 million as CACAO collapsed.