Wall Street Never Sleeps: ICE and OKX Plot 24/7 Tokenized Stock Trading
Key Summary
ICE and OKX have filed with the US Securities and Exchange Commission (SEC) to create a 24/7 platform for tokenized US stocks, with over 60 companies and trades settling through Uniswap v4. The platform will be owned 50-50 by ICE and OKX, with trades moving through Uniswap v4 liquidity pools on the Ethereum Layer 2 network, X Layer. Every tokenized stock is expected to have a real share behind it, held 1-to-1 through a FINRA-member broker-dealer. The platform is expected to be a significant development in the tokenized stock trading space, with potential implications for the broader cryptocurrency market.
This weekend, the crypto exchange OKX and the New York Stock Exchange (NYSE) owner Intercontinental Exchange (ICE) submitted a filing with the U.S. Securities and Exchange Commission (SEC) and said the duo intends to create a 24/7 platform for tokenized U.S. stocks. Tokenized Stocks Move Into the Mainstream In June 2025, tokenized stocks witnessed a […]