As traditional companies line up to block OKXICE from tokenizing their shares, the holdouts are all crypto-related firms Wall Street has spent weeks saying no to tokenized versions of its stock. The companies still staying quiet have one thing in common: they all work in crypto. Every issuer remaining on OKXICE’s original list that has not filed an objection is a crypto-related company. Strategy is reportedly among that group. The pattern says more about where tokenization has friends, and where it doesn’t, than any whitepaper could. What OKXICE is trying to build OKXICE is a joint venture between crypto exchange OKX and the Intercontinental Exchange (ICE), the owner of the New York Stock Exchange. It has filed with the SEC to launch what it calls a Tokenized Securities Venue, or TSV. The venue would operate under the SEC’s Innovation Exemption, with an effective date of September 17, 2026. That exemption lets the platform offer 24/7 trading of tokenized US NMS stocks, the category covering exchange-listed equities, without registering as a full exchange. Trades would run through automated market makers. In practice, a smart contract pool sets prices and fills orders instead of a t...
Strategy among crypto issuers not objecting to tokenized securities list
3 days ago
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