OKX applies to the US SEC to launch a tokenized US stock trading platform, supporting the first batch of 63 New York Stock Exchange stocks

OKX has submitted an application to the US Securities and Exchange Commission (SEC) to launch a tokenized stock trading platform. OKX ICE LLC, a joint venture between OKX and Intercontinental Exchange (ICE), plans to provide tokenized stock trading services for 63 New York Stock Exchange listed companies. According to the new framework of the US Securities and Exchange Commission (SEC), issuers have 30 days to choose to exit, after which tokenized stock trading can begin. (Source: Bloomberg)