Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
FollowingThe OKX joint venture filed an application with the US SEC to launch a tokenized stock trading platform
It is organized by cryptocurrency exchange operator OKX and Intercontinental Exchange Inc., the parent company of the New York Stock Exchange. The jointly formed joint venture OKXICE LLC has formally filed a document with the U.S. Securities and Exchange Commission (SEC), announcing plans to launch a Tokenized Securities Venue (TSV) under the new innovation exemption framework of the U.S. Securities and Exchange Commission.
Andrew Cuomo, co-chairman of the joint venture, said the platform will cover more than 60 companies listed on the American Stock Exchange. He added: "This is an important milestone towards a truly global, round-the-clock 'Wall Street' and will help ensure that the future of digital finance is firmly rooted in the United States."
In June this year, OKX and Intercontinental Exchange Group established a 50% joint venture with each shareholding to build the infrastructure for tokenized financial products. Then in September, the U.S. Securities and Exchange Commission issued a temporary exemption order allowing limited trading of tokenized U.S. stocks on certain on-chain platforms.
Under this innovative exemption, tokenized securities venues (TSV) can provide license-based trading services for tokenized National Market System (NMS) stocks through market makers and liquidity pools.
