Bitcoin Magazine Three Companies Have Notified the SEC of Intention To Start Tokenized Stocks Trading
Three companies have notified the U.S. Securities and Exchange Commission of their plans to operate tokenized securities venues following a new rule, according to the top regulator.
Tokenized Stock Venue , Perpetuals.com , and OKX have all submitted plans to operate by allowing trading of tokenized stocks, the SEC said in a Wednesday announcement.
Along with the Intercontinental Exchange, crypto exchange OKX was the first to file with the regulator to debut tokenized securities trading on a new platform, OKXICE.
The SEC in September said it was offering a five-year exemption to platforms that facilitate trading of tokenized stocks. Regulators like the SEC are pushing ahead with regulating the crypto space despite lawmakers blocking major digital asset legislation in September.
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