NVIDIA, Tesla, SpaceX and Microsoft Among 60+ Stocks Set To Be Tokenized and Available 24/7 Under Proposal From OKX and Intercontinental Exchange
NVIDIA, Tesla, SpaceX, Microsoft, Amazon and Alphabet are amongst greater than 60 outstanding US shares that might quickly be accessible for twenty-four/7 tokenized buying and selling.
OKXICE, the three way partnership between crypto alternate OKX and the Intercontinental Alternate (ICE), filed with the US Securities and Alternate Fee (SEC) on Sunday, notifying the regulator of plans to launch a market for traders to purchase tokenized shares.
Former New York Governor Andrew Cuomo, OKXICE’s co-chair, says the companies plan to launch the buying and selling venue beneath the SEC’s new “innovation exemption.”
“This can be a landmark step towards a very international, 24/7 Wall Road — and towards retaining the way forward for digital finance anchored right here in america.
The digital asset revolution is already reworking our monetary system. Tokenized securities are a part of what comes subsequent.”
Cuomo has suggested OKX on coverage issues since 2022, together with through the alternate’s $504 million settlement with the Division of Justice (DOJ) over anti-money-laundering violations.
ICE, the guardian firm of the New York Inventory Alternate (NYSE), has made a broad push into crypto infrastructure, together with investments in OKX and the prediction market Polymarket, in addition to its participation in stablecoin platform Circle’s $222 million Arc presale alongside BlackRock and Apollo.
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