OKX and ICE filed with the SEC to launch OKXICE, a platform for 24/7 tokenized U.S. stock trading 📈
The venture plans to offer shares in over 60 companies, including Nvidia, Apple, Coinbase and Robinhood.
Tokenization could let global investors trade beyond traditional market hours, including weekends and holidays ⏰
OKX argues broader access could increase liquidity, trading volumes and company valuations 💰
Unlike some tokenized products, OKXICE aims to provide ownership of underlying shares, shareholder rights and pass-through dividends.
Companies may object to having their shares listed, highlighting ongoing regulatory and issuer-approval challenges ⚖️
OKX predicts traditional financial instruments could eventually account for at least half of its trading volume 📊
Today's Pill - tokenization is bringing traditional finance and crypto closer, potentially enabling global, round-the-clock markets and intensifying competition with established brokers 🔄
The venture plans to offer shares in over 60 companies, including Nvidia, Apple, Coinbase and Robinhood.
Tokenization could let global investors trade beyond traditional market hours, including weekends and holidays ⏰
OKX argues broader access could increase liquidity, trading volumes and company valuations 💰
Unlike some tokenized products, OKXICE aims to provide ownership of underlying shares, shareholder rights and pass-through dividends.
Companies may object to having their shares listed, highlighting ongoing regulatory and issuer-approval challenges ⚖️
OKX predicts traditional financial instruments could eventually account for at least half of its trading volume 📊
Today's Pill - tokenization is bringing traditional finance and crypto closer, potentially enabling global, round-the-clock markets and intensifying competition with established brokers 🔄