According to Bloomberg, OKX has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a tokenized stock trading platform. OKXICE LLC, a joint venture between OKX and ICE, the parent company of the New York Stock Exchange (NYSE), plans to apply to offer tokenized trading of the first batch of 63 NYSE-listed companies. The issuers may opt out within 30 days before trading begins. Last month, the SEC paved the way for blockchain securities to be traded in the U.S. under a temporary exemption framework; the relevant digital assets must include full shareholder rights such as dividends and voting rights. The platform launch timing for OKXICE will depend on when the 30-day opt-out period ends and on other requirements being met.
