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HomeCrypto NewsOKX, NYSE parent file to launch tokenized US stock platform

OKX, NYSE parent file to launch tokenized US stock platform

OKX, NYSE parent file to launch tokenized US stock platform

The stock trading platform seeks to offer tokenized shares in more than 60 US-listed companies under the SEC’s recently introduced innovation exemption.

An OKX joint venture has filed with the US Securities and Exchange Commission to launch a tokenized stock trading platform.

OKXICE LLC, a joint venture between cryptocurrency exchange operator OKX and New York Stock Exchange parent Intercontinental Exchange Inc., has notified the SEC that it intends to launch a tokenized securities venue (TSV) under the SEC’s new innovation exemption.

The platform will include more than 60 companies listed on US stock exchanges, said OKXICE co-chair Andrew Cuomo.

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cointelegraph.com

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