NYSE Owner and OKX Seek SEC Approval for Tokenized Stock Trading

Key Facts

1The owner of the NYSE and crypto exchange OKX are seeking SEC clearance to launch a platform for trading tokenized U.S. stocks.

2The move follows the appointment of former New York Governor Andrew Cuomo as co-chair of OKX three months ago.

The owner of the NYSE and crypto exchange OKX are seeking SEC clearance to launch a platform for trading tokenized U.S. stocks. Fortune reported that the companies have filed with the Securities and Exchange Commission to enable the trading of blockchain-based versions of equities, aiming to bridge traditional markets with digital asset technology.

The move follows the appointment of former New York Governor Andrew Cuomo as co-chair of OKX three months ago. This partnership seeks to leverage regulatory expertise and high-profile leadership to secure federal approval for the venture, marking a significant step toward institutional adoption of tokenization.