OKX and NYSE Parent ICE Aim for Onshore Tokenized U.S. Stock Trading
- Tokenized stocks are currently valued at approximately $3.2 billion, reflecting a growth of 15% over the past month.
- OKX lists over 70 tokenized stock tickers, but these are only accessible to international customers due to offshore regulations.
- The joint venture aims to provide U.S. investors with tokenized stocks that include the same dividend and voting rights as traditional shares.
- A regulatory process including a mandatory objection period of 30 days will determine the timeline for this initiative.
- ICE’s Cuomo expressed confidence in the project, stating, “And we’re just getting started.”
The move towards onshore trading of tokenized stocks signifies a growing acceptance of Tokenization in mainstream finance, especially as the market expands rapidly.
With tokenized stocks valued at $3.2 billion and increasing, this initiative could reshape how U.S. investors access equity markets through digital assets.
