NYSE parent ICE and crypto exchange OKX are moving to launch a tokenized US stock platform, targeting over 60 listed companies under new SEC innovation guidelines.
Intercontinental Exchange (ICE) is positioning itself to capture market share in the emerging digital asset space by filing to offer tokenized versions of over 60 US-listed stocks. By leveraging the SEC's new innovation exemption, the company aims to modernize its trading infrastructure and provide investors with increased accessibility to equity markets through blockchain-based tokens.
ICE intends to offer tokenized shares for more than 60 US-listed companies.
The platform is being developed under the SEC’s recently introduced innovation exemption.
OKX partnered with NYSE parent to file for a tokenized stock platform, entering the US securities market.
Intercontinental Exchange and OKX have submitted a joint filing to launch a platform for tokenized US equities. The initiative aims to leverage the SEC's innovation exemption to offer trading access to over 60 US-listed companies.
The partnership aims to launch a platform that allows for the trading of tokenized shares of over 60 US-listed companies.
The companies are utilizing the SEC's recently introduced innovation exemption to facilitate the development and operation of the tokenized stock platform.