OKXICE a tokenized security reject, TSV LLC first to market with CNTN

Homepage > News > Business > OKXICE a tokenized security reject, TSV LLC first to market with CNTN TL;DR: OKXICE’s plan to tokenize 63 public companies’ shares for 24/7 trading has been met with mass rejection, with 67 companies opting out. Meanwhile, TSV LLC completed the first tokenized trade, in Canton Strategic Holdings, on the Canton Network. In another development, Morgan Stanley announced it tokenized U.S. equities and Treasuries on the DTCC’s new DTS platform. Key Takeaways: OKXICE discreetly doing sniff-checks after tokenized rejections soar, with 67 companies having opted out by November 5. TSV LLC became the first to complete a tokenized trade on November 4, trading tokenized shares of Canton Strategic Holdings on the Canton Network. Morgan Stanley tokenizes equities and Treasuries the DTCC’s new Tokenization Service (DTS), calling itself “among the first banks” to do so. America’s tokenized securities experiment is off to a seriously rocky start, but one tokenizer has succeeded in dragging one public company to the tokenization altar. OKXICE, the joint venture of digital asset exchange OKX and Intercontinental Exchange Holdings (NYSE: ICE), the parent company o...