New YorkOKX and Intercontinental Exchange filed for nonstop tokenized stock trading.
It starts with more than 60 US-listed companies, which get 30 days to object.
A tokenized share is a blockchain version of a stock, trading after hours with the same dividends and voting rights.
Launch awaits that window and further regulatory steps under the Securities and Exchange Commission’s five-year Innovation Exemption.
How each outlet framed it
- CoinDesk
- highlights SEC 'Innovation Exemption' enabling 24/7 tokenized stock trading; notes 30-day objection period and 60+ initial companies
Sources: CoinDesk