Wu Blockchain (@WuBlockchain): OKX Applies to SEC to Launch Tokenized U.S. Stock Trading Platform

OKX Applies to SEC to Launch Tokenized U.S. Stock Trading Platform According to Bloomberg, OKX has filed with the U.S. Securities and Exchange Commission (SEC) to launch a tokenized stock trading platform. OKXICE LLC, a joint venture between OKX and Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, plans to seek approval to offer tokenized shares of an initial 63 NYSE-listed companies, with issuers given 30 days before trading begins to opt out. Last month, the SEC cleared the way for blockchain-based securities to trade in the U.S. under a temporary exemption framework. The digital assets must include full shareholder benefits, including dividends and voting rights. The OKXICE platform’s launch depends on the completion of the 30-day opt-out period and other requirements.