OKX and ICE Set November 23 Launch for Tokenized Securities…
By Abdelaziz Fathi
AI summary of the source article
OKX and Intercontinental Exchange joint venture OKXICE will launch a tokenized securities platform on November 23 offering over 70 assets. The rollout proceeds under an SEC exemption despite 56 of 62 originally targeted companies objecting to having their shares tokenized.
Why it matters
The text states that "The launch creates an early test of whether regulated onchain stock trading can attract enough issuers and liquidity to compete with conventional market infrastructure."
Key facts
- OKXICE will launch its tokenized securities venue on November 23 under the SEC's temporary five-year Innovation Exemption.
- 56 of 62 targeted companies, including Apple, Microsoft, and Nvidia, filed objections under the SEC framework to block their shares from being tokenized.
- Trading will run 24/7 on Uniswap v4 automated market maker pools deployed on OKX's X Layer, with tokenization infrastructure provided by Securitize.
Source excerpt · FinanceFeeds
OKXICE will launch its tokenized securities venue on November 23 with more than 70 assets expected to be available, turning the SEC's new Innovation Exemption into a live retail market even as most companies in its original stock lineup have rejected having their shares tokenized on the platform. The joint venture between crypto exchange OKX and Intercontinental Exchange, the parent company of the…