OKX and ICE β owner of the New York Stock Exchange β formed a joint venture in June. Now OKXICE has notified the SEC of plans to launch a regulated, U.S.-based tokenized stock venue: the first of its kind actually open to American investors.
The plan starts with over 60 listed companies, trading 24/7, with faster settlement β and full dividend and voting rights intact. It leans on a new five-year SEC "Innovation Exemption" from September, though each company gets 30 days to object before its shares go on-chain.
The market is already moving: tokenized stocks hit
$3.2B, up 15% in a month, per RWA.xyz β almost entirely in offshore products U.S. investors couldn't touch.A stock market open at 3 a.m. Sunday used to be a punchline. The punchline just filed with the SEC.
CoinDesk