ICE, the parent company of the New York Stock Exchange, has started filing with the SEC alongside crypto exchanges—aiming to do “on-chain U.S. stocks” 📈
Bloomberg reported on October 4: OKXICE LLC, the joint venture between OKX and ICE (the NYSE’s parent company), has submitted documents to the U.S. SEC to apply for launching a tokenized stock trading platform in the United States. It is one of the first major crypto trading platforms to follow the SEC’s new rules.
Key points:
1️⃣ First batch: plans to initially cover 63 NYSE-listed companies
2️⃣ Path: use the five-year Innovation Exemption (innovation exemption) introduced by the SEC on September 17 to enable the blockchain version of securities to be traded in the U.S.
3️⃣ Threshold: tokenized securities must come with full shareholder rights—dividends and voting rights included. They’re not synthetic products that only track price
4️⃣ Exit window: the relevant issuers have 30 days to choose not to be tokenized; trading can only begin after the window ends and other requirements are met
5️⃣ Background: OKXICE is a 50/50 joint venture announced by the two companies in June this year. One of the co-chairmen is former New York Governor Andrew Cuomo. His view is that this model can support 24-hour global trading of U.S. stocks
6️⃣ Not live yet: according to CryptoBriefing, as of early October this filing has not appeared in the SEC’s public records; the joint venture’s broker-dealer and FCM qualifications are also still under review
My take:
Most on-chain U.S. stocks so far have been offshore versions—often more like price exposure, with shareholder rights frequently incomplete. This time, the SEC’s rule is straightforward: if you want to go on-chain, bring dividends and voting rights first. The bar is higher, but that’s the version of the game that Wall Street “real money” would actually enter.
S&P 500 and Nasdaq-100 are the toughest assets of this era. The real question isn’t whether to go on-chain, but who gets the compliant entry first. The crypto exchange and the parent of a traditional exchange submitting filings together is a signal far more concrete than any KOL hype.
Don’t just filter—don’t educate: what we have now is “application submitted,” not “trading enabled.” After the 30-day exit window and the SEC’s next steps, don’t get swept up by the headline.
Source: Bloomberg report on October 4 (reproduced via Bloomingbit and CryptoBriefing); related coverage of the ICE × OKX joint venture announcement from June (Quartz); BlockBeats breaking news clues.
Launch timing is subject to official disclosures only and does not constitute investment advice.
#代币化股票 #美股 #RWA
Bloomberg reported on October 4: OKXICE LLC, the joint venture between OKX and ICE (the NYSE’s parent company), has submitted documents to the U.S. SEC to apply for launching a tokenized stock trading platform in the United States. It is one of the first major crypto trading platforms to follow the SEC’s new rules.
Key points:
1️⃣ First batch: plans to initially cover 63 NYSE-listed companies
2️⃣ Path: use the five-year Innovation Exemption (innovation exemption) introduced by the SEC on September 17 to enable the blockchain version of securities to be traded in the U.S.
3️⃣ Threshold: tokenized securities must come with full shareholder rights—dividends and voting rights included. They’re not synthetic products that only track price
4️⃣ Exit window: the relevant issuers have 30 days to choose not to be tokenized; trading can only begin after the window ends and other requirements are met
5️⃣ Background: OKXICE is a 50/50 joint venture announced by the two companies in June this year. One of the co-chairmen is former New York Governor Andrew Cuomo. His view is that this model can support 24-hour global trading of U.S. stocks
6️⃣ Not live yet: according to CryptoBriefing, as of early October this filing has not appeared in the SEC’s public records; the joint venture’s broker-dealer and FCM qualifications are also still under review
My take:
Most on-chain U.S. stocks so far have been offshore versions—often more like price exposure, with shareholder rights frequently incomplete. This time, the SEC’s rule is straightforward: if you want to go on-chain, bring dividends and voting rights first. The bar is higher, but that’s the version of the game that Wall Street “real money” would actually enter.
S&P 500 and Nasdaq-100 are the toughest assets of this era. The real question isn’t whether to go on-chain, but who gets the compliant entry first. The crypto exchange and the parent of a traditional exchange submitting filings together is a signal far more concrete than any KOL hype.
Don’t just filter—don’t educate: what we have now is “application submitted,” not “trading enabled.” After the 30-day exit window and the SEC’s next steps, don’t get swept up by the headline.
Source: Bloomberg report on October 4 (reproduced via Bloomingbit and CryptoBriefing); related coverage of the ICE × OKX joint venture announcement from June (Quartz); BlockBeats breaking news clues.
Launch timing is subject to official disclosures only and does not constitute investment advice.
#代币化股票 #美股 #RWA