OKX, NYSE Parent Seek Tokenized U.S. Stock Platform
Cointelegraph.com reports that OKX and the parent of the New York Stock Exchange filed to launch a platform for tokenized shares of more than 60 U.S.-listed companies. The platform would operate under the SEC’s recently introduced innovation exemption.
Cointelegraph.com reports that OKX and the parent company of the New York Stock Exchange have filed to launch a tokenized U.S. stock platform.
The proposed platform would offer tokenized shares in more than 60 U.S.-listed companies under the SEC’s recently introduced innovation exemption, according to the report.
Key Takeaways
- Cointelegraph.com reported that OKX and the NYSE parent filed to launch a tokenized U.S. stock platform.
- The platform would seek to offer tokenized shares in more than 60 U.S.-listed companies.
- The filing references the SEC’s recently introduced innovation exemption.
Context
Tokenized stock platforms aim to represent shares on a blockchain-based system. The SEC’s innovation exemption is part of the regulatory framework referenced in the filing, according to the source.
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