OKX, NYSE Parent ICE JV Files for Tokenized US Stock Trading

VERA Brief

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

OKXICE, a joint venture between OKX and ICE, has filed to launch a platform for 24/7 trading of tokenized U.S. stocks. The platform plans to offer tokenized shares in over 60 U.S.-listed companies, aiming to innovate equity trading in the digital asset space.

Key facts

• OKXICE has filed with the U.S. Securities and Exchange Commission (SEC).
• The filing details plans for a platform offering 24/7 trading of tokenized U.S. stocks.
• The proposed platform aims to provide tokenized shares in more than 60 U.S.-listed companies.
• This initiative is reportedly being pursued under the SEC's innovation exemption.
• The venture seeks to facilitate a new approach to equity trading in the digital asset space.