TREE NEWS update: OKX and Intercontinental Exchange, the parent of the New York Stock Exchange, will launch round-the-clock tokenized stock trading for eligible US users on Nov 23, operating under a temporary SEC innovation exemption. The platform is expected to list more than 70 assets, including 59 ETFs and tokenized shares of Coinbase, Circle, BitGo, Robinhood and Strategy. Tokenized stocks and ETFs reached $3.88 billion in total value as of Nov 11, up 13.4% over 30 days.
OKX and ICE to launch 24/7 tokenized stock trading on Nov 23
AI take
The pairing of a major crypto exchange with the NYSE's parent, operating under a temporary SEC exemption rather than a permanent rule, is the real signal here: tokenized equities are being tested inside the regulatory perimeter, not around it. The asset mix leans heavily toward ETFs and crypto-adjacent names, suggesting the initial audience is crypto-native rather than mainstream equity traders. Whether the exemption model scales beyond a pilot, and whether the tokenized market's recent growth continues once 24/7 trading is live, are the open questions to watch.
Generated by AI for reference only.
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