Bitcoin Magazine ICE and OKX Set Nov. 23 Tokenized Stock Launch After 67 Companies Opt Out
OKX and New York Stock Exchange parent Intercontinental Exchange (ICE) will open their tokenized stock venue on Nov. 23, the companies said Wednesday, offering more than 70 assets under a temporary SEC exemption even as 67 companies, including Apple, Tesla and Meta, have already objected.
The OKX announcement said more than 70 assets are expected to be listed, including securities from Better.com, BitGo, Circle, Coinbase, Robinhood, Securitize and Strategy (MSTR), as well as 59 exchange-traded funds from Direxion. Strategy will also list its preferred stocks, such as STRC.
Access at launch is limited to eligible U.S. customers of OKX Inc. who have activated a CeDeFi Wallet, passed identity checks and completed onboarding with the joint venture, which is called OKXICE and is owned equally by ICE and OKC USA Holding Inc., an OKX affiliate. Trading will run around the clock in the OKX app.
Source: Bitcoin Magazine
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