OKX and its parent company, the Intercontinental Exchange (ICE), have filed to launch a platform for tokenized shares in over 60 US-listed companies. The platform will operate under the SEC's new innovation exemption, introduced to facilitate the development of new financial products. The exemption allows companies to issue digital tokens that represent ownership in traditional securities.
Source
"OKX and NYSE Parent to Launch Tokenized Stock Platform" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
The new platform will provide investors with a new way to access and trade US-listed stocks, which could increase liquidity and accessibility for a broader range of investors.