Tokenization · OKX · SEC · Decrypt
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Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
★ Tier-1 Source
Wall Street’s push to put stocks onchain is running into an unexpected obstacle: the companies behind the stocks.
Key facts
- OKX and ICE first teamed up on tokenized securities earlier this year before announcing the 24/7 venue this month
- OKXICE TSV is a planned tokenized stock platform from crypto exchange OKX and NYSE owner Intercontinental Exchange
- Nine issuers, including Verizon, Broadcom, and UnitedHealth Group, have objected to having their shares offered on OKXICE TSV, according to an Oct. 15 public notice from the venue
- OKXICE plans to run around the clock using Uniswap v4 liquidity pools on OKX’s XLayer blockchain, with trades settled in stablecoins such as USDC and USDT
Summary
Nine issuers have objected to trading of their shares on OKXICE TSV, the planned tokenized stock venue from OKX and NYSE owner ICE, according to an Oct. 15 public notice. Nasdaq has said it will opt its own shares out of the SEC’s innovation exemption, citing concerns about real-time pricing and trade reporting. The notice says OKXICE isn’t registered with the SEC or subject to Regulation NMS. Nine issuers, including Verizon, Broadcom, and UnitedHealth Group, have objected to having their shares offered on OKXICE TSV, according to an Oct. 15 public notice from the venue.