BIG NEWS TODAY: OKXICE, the joint venture between OKX and ICE (NYSE parent company), has notified the SEC of plans to la | Hanami
BIG NEWS TODAY: OKXICE, the joint venture between OKX and ICE (NYSE parent company), has notified the SEC of plans to launch a "Tokenized Securities Venue."
The notice includes 60+ companies listed on US stock exchanges, which gives the issuers 30 days to opt out.
The list includes: - NVIDIA - Apple - Microsoft - Amazon - Alphabet (Google) - Tesla - Broadcom - JPMorgan Chase - Walmart - Eli Lilly - Costco - Oracle - Netflix - Coca-Cola - Goldman Sachs - Boeing - Cisco - IBM - Coinbase - Robinhood - Palantir - AMD - Circle - Reddit - SpaceX
The proposed initiative comes after the SEC's Innovation Exemption announcement in mid September.
The team is targeting a launch within the 30-day notice window, pending it meeting the SEC's exemption operating requirements.
"The goal is to enable 24/7 trading, instant settlement, and self-custody for exchange-listed securities," the press team shared.
"The digital asset revolution is already transforming our financial system. Tokenized securities are part of what comes next. And we’re just getting started," Governor Andrew M. Cuomo, Co-Chair of OKXICE, said in the release.