OKX and ICE File to Trade 63 Tokenized NYSE Stocks
🚀 OKXICE LLC, a collaboration between OKX and ICE, has filed with the SEC to launch a tokenized stock trading exchange, aiming to be a pioneer in offering tokenized US stocks under new regulations.
📈 The initiative seeks approval for 63 NYSE-listed companies, with a 30-day opt-out period for those firms before trading can commence, contingent on meeting SEC requirements.
🔗 This move aligns with the SEC's recent Innovation Exemption, allowing regulated trading of tokenized stocks, while also enhancing the partnership between OKX and ICE to integrate blockchain technology with traditional market infrastructure.
🚀 OKXICE LLC, a collaboration between OKX and ICE, has filed with the SEC to launch a tokenized stock trading exchange, aiming to be a pioneer in offering tokenized US stocks under new regulations.
📈 The initiative seeks approval for 63 NYSE-listed companies, with a 30-day opt-out period for those firms before trading can commence, contingent on meeting SEC requirements.
🔗 This move aligns with the SEC's recent Innovation Exemption, allowing regulated trading of tokenized stocks, while also enhancing the partnership between OKX and ICE to integrate blockchain technology with traditional market infrastructure.