tokenized stocks just got a real deadline

okxice starts trading them nov 23 under a fresh sec exemption

kraken's parent already loaded 200+ tokenized uk and eu stocks onto xstocks

nasdaq is warning that running equities across venues fragments liquidity

that is the real fight

not whether stocks end up onchain

but who owns the order book when they do

blue chips are not scared of the tech

they are scared of losing the middle

my take: the venues that keep one book win and the rest become wrappers

nov 23 is the first real test for $BTC rails and every rwa after it