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RWA Regulation

OKX and NYSE parent file to launch tokenized US stock platform

OKX and the parent company of the New York Stock Exchange have filed to launch a platform offering tokenized shares in more than 60 US-listed companies. The stock trading platform would operate under the SEC’s recently introduced innovation exemption.

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AI take

This pairing is the story: a crypto exchange and the operator of the world's most prominent equity venue jointly seeking a regulated route into tokenized stocks, rather than a crypto-native player acting alone. It signals that tokenization is being pursued through existing market infrastructure and the SEC's new innovation exemption, which could shape how other exchanges approach the same ground. Whether that exemption becomes a durable pathway or a narrow pilot is the open question worth watching.

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