TLDR Tech / News
OKX and NYSE Parent ICE to Offer Tokenized Stock Trading 24/7
OKXICE, a collaboration between OKX and Intercontinental Exchange (owner of the NYSE), plans to introduce round-the-clock trading for tokenized stocks. This venture will operate under a new SEC Innovation Exemption. Initially, the platform will list over 60 stocks traded on U.S. exchanges, paired with stablecoins like USDC, USDG, and USDT, utilizing controlled Uniswap v4 liquidity pools. Cerebras Systems, a chip manufacturer, has already filed an objection as an issuer.
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