According to CoinMeta, due to legal and market concerns, the innovation exemption planned for SEC has been postponed, resulting in a 11.2% decline in the value of its tokenized stocks. SEC was originally expected to reduce regulatory barriers for the issuance and trading of tokenized securities through this exemption, but the White House and Wall Street firms expressed concerns regarding its legal basis and potential impact on the securities market. Bullish ( BLSH ) stocks fell 11.2% during Friday's trading, closing at $24.42 from an opening price of $26.57, with a intraday low of $24.36. Coinbase ( COIN ) fell 3% to $149.30, and Circle Internet Group ( CRCL ) fell 4.8% to $71.79. Market participants have been awaiting the innovation exemption to clarify how approved companies can issue and trade tokenized securities under the existing regulatory framework.