OKX, ICE Joint Venture Plans Tokenized Stock Trading Venue

VERA Brief

AI-generated. Grounded in the article and its cited sources.

OKXICE, a joint venture between OKX and ICE, has informed the U.S. Securities and Exchange Commission (SEC) of its intention to launch a trading venue for tokenized securities. The proposed venue aims to operate under an innovation exemption, integrating traditional financial assets with blockchain technology.

Key facts

• OKXICE is a joint venture between OKX and Intercontinental Exchange (ICE).
• The venture has filed a notification with the U.S. Securities and Exchange Commission (SEC).
• The purpose of the filing is to establish a trading venue for tokenized securities.
• The proposed platform plans to operate under the SEC's innovation exemption.
• This initiative aims to integrate traditional financial assets with blockchain technology.