ICE and OKX Set Nov. 23 Tokenized Stock Launch After 67 Companies Opt Out
By Micah Zimmerman
AI summary of the source article
OKX and ICE will launch tokenized stock venue OKXICE on Nov. 23 under an SEC exemption, planning to list over 70 assets despite objections from 67 companies.
Why it matters
Co-chair Andrew Cuomo stated, “The future of finance is onchain, and we have an opportunity to build it here in America, with the standards, safeguards and ambition that investors expect.”
Key facts
- OKX and ICE joint venture OKXICE launches on Nov. 23 under a five-year SEC Innovation Exemption.
- More than 70 assets are expected to be listed, including 59 Direxion ETFs and stocks from firms like Coinbase and Strategy.
- 67 companies, including Apple, Tesla, Meta, and Microsoft, have submitted written objections opting out of tokenization.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine ICE and OKX Set Nov. 23 Tokenized Stock Launch After 67 Companies Opt Out The joint venture will offer more than 70 assets, including tokenized shares of Strategy, Coinbase and Circle plus 59 Direxion ETFs, even after Tesla, Apple, Meta and Netflix objected. This post ICE and OKX Set Nov. 23 Tokenized Stock Launch After 67 Companies Opt Out first appeared on Bitcoin Magazine and i…