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Wall Street Never Sleeps: ICE and OKX Plot 24/7 Tokenized Stock Trading
This weekend, crypto exchange OKX and NYSE owner Intercontinental Exchange submitted a filing with the U.S. Securities and Exchange Commission and said the two intend to create a 24/7 platform for tokenized U.S. stocks.
Published:
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What happened
This weekend, crypto exchange OKX and NYSE owner Intercontinental Exchange submitted a filing with the U.S. Securities and Exchange Commission and said the two intend to create a 24/7 platform for tokenized U.S. stocks.
Confirmed
Global impact / market context
If approved, the platform would let investors trade tokenized U.S. stocks around the clock instead of only during Wall Street hours, which could pull trading volume away from traditional brokers and increase demand for crypto-style exchanges.
Analyst inference
Tokenized stocks are shares represented as digital tokens on a blockchain. The filing shows major exchange operators trying to link traditional equities with crypto trading, a step that could reshape how retail investors buy and sell U.S. company shares.
Analyst inference
What to watch
- The SEC has received a filing from OKX and Intercontinental Exchange about creating a 24/7 platform for tokenized U.S. stocks, so the agency's review is the next official step. Confirmed
- OKX and ICE intend to build the 24/7 tokenized stock trading platform if regulators allow it, so watch whether they update the filing with more details, partners, or launch plans. Proposed
- Traditional exchanges and brokers could respond by extending trading hours or offering their own tokenized products, so watch for competing announcements that show how quickly this model spreads. Analyst inference