Key Highlights: OKXICE, supported by a major global exchange operator, previously revealed a 62-company initial roster to trade tokenized shares using Uniswap liquidity pools on OKX’s XLayer blockchain. Twenty-two corporate objections have been lodged, blocking trading on the platform, though some objecting companies were not part of the initial proposed roster. OKXICE Co-Chairman Andrew Cuomo ...
Key Highlights: Major U.S. corporations, including Microsoft, Alphabet, and Goldman Sachs, have filed formal objections to having their equity shares tokenized under a new SEC regulatory framework. Former New York Governor Andrew Cuomo, board member of OKX and co-chair of the OKXICE venture, defended the initiative, framing the pushback as an experimental phase in transitioning ...
Key Highlights: The SEC’s five-year “Innovation Exemption,” launched roughly a month ago, allows qualifying venues to test blockchain-based stock trading via automated market makers and liquidity pools, giving issuers input on whether their shares participate. Carlos Domingo, CEO of Securitize, called issuer concerns “entirely reasonable,” citing the need for education around pricing, investor protections, and ...
Key Highlights: Nasdaq expressed resistance to having its shares traded on venues that do not report to the consolidated tape or display real-time best prices, amid discussions surrounding OKXICE. OKXICE, co-chaired by former New York Gov. Andrew Cuomo, notified the SEC of plans to launch a tokenized stock trading platform covering 63 U.S.-listed companies under ...
Key Highlights: Former New York Governor and OKXICE Co-Chair Andrew Cuomo is calling for the tokenization of American securities. Cuomo suggests that modernizing securities infrastructure will strengthen the United States’ competitive standing in international finance. The advocacy highlights the necessity for secure, trusted access as traditional capital markets explore blockchain-driven efficiency and liquidity solutions. Former ...
Key Highlights Wall Street Jumps Into 24/7 Trading: OKXICE, a joint venture between cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE), has notified the SEC of plans to roll out a tokenized stock trading platform. Initial Launch Roster: The venue plans to debut with digital versions of more than 60 companies ...