DeFi Cheers as SEC Affirms Liquid Staking Protocols Aren’t Securities

Description

The SEC’s Division of Corporation Finance issued a staff statement on Tuesday, declaring that properly structured liquid‑staking protocols and their receipt tokens generally do not constitute securities under U.S. law. This clarity has led to modest upticks in token prices and protocol activity. Lido’s governance token, LDO, rose by approximately 4.5%, from $0.88 to $0.92, before retreating to support. Similarly, Rocket Pool’s RPL token climbed 10.5%, reaching $7.28 from $6.59, before also givin...