OKX-ICE Tokenized Stock Venue Sets Launch, Turning to Crypto Companies After Big Tech Opts Out

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The OKXICE joint venture, formed by OKX and NYSE owner Intercontinental Exchange, will open its tokenized securities platform on November 23. More than 70 assets are expected to be listed, including securities from Coinbase, Circle, Robinhood, Strategy, BitGo, Securitize and Better.com, along with 59 Direxion exchange-traded funds. Each tokenized security will be backed one-for-one by a real U.S. share and will carry dividends, voting rights and other shareholder benefits. Eligible U.S. customers will be able to trade around the clock through the OKX app while holding their tokens in self-custodial wallets. In contrast, 67 companies, including the seven largest technology companies by market capitalization, had objected to having their shares traded on the platform as of November 5.

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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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