OKX and NYSE Owner ICE Plan 24/7 Tokenized Stock Trading Under SEC Exemption

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OKXICE, the joint venture between crypto exchange OKX and NYSE owner Intercontinental Exchange, has notified the SEC of its intent to launch a 24/7 platform for tokenized stocks. The filing lists over 60 U.S.-listed stocks, trading against USDC, USDG or USDT on Uniswap v4 liquidity pools within the XLayer blockchain. Only wallets holding a non-transferable token, issued after identity and compliance checks, can access trading. Chipmaker Cerebras Systems has already lodged an objection with the venue. ICE and OKX formed this 50-50 joint venture in June, three months after ICE took a minority stake in OKX at a $25 billion valuation.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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