Three Companies Have Notified the SEC of Intention To Start Tokenized Stocks Trading
By Mathew Di Salvo
AI summary of the source article
Tokenized Stock Venue, Perpetuals.com, and OKX have notified the SEC of plans to operate tokenized stock trading platforms under a new rule. The SEC previously announced a five-year exemption for platforms facilitating the trading of tokenized stocks.
Why it matters
Proponents state that "[b]y putting stocks on the blockchain, traders can operate 24/7."
Key facts
- Tokenized Stock Venue, Perpetuals.com, and OKX submitted plans to the SEC to allow trading of tokenized stocks.
- The SEC offered a five-year exemption in September to platforms that facilitate tokenized stock trading.
- The SEC stated that inclusion on the list does not necessarily mean the companies meet all requirements for the rule.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine Three Companies Have Notified the SEC of Intention To Start Tokenized Stocks Trading The Securities and Exchange Commission is taking applications from companies wanting to list tokenized stocks. This post Three Companies Have Notified the SEC of Intention To Start Tokenized Stocks Trading first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .