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● LIVE Updated 1h ago · 11 sources tracked

Tokenized Stocks Bring ‘Radical Change’ to Markets, Cuomo Says

Former New York Governor Andrew Cuomo says tokenized stocks will bring radical change to financial markets. A joint venture between OKX and ICE, with Cuomo as co-chairman, has filed with the SEC to launch a tokenized trading platform for US stocks, including Nvidia, Tesla, and Apple. The platform aims to enable 24/7 trading of tokenized stocks.

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  • ✓ Former New York Governor Andrew Cuomo says tokenized stocks will bring 'radical change' to financial markets.
  • ✓ A joint venture between OKX and ICE plans to launch a tokenized trading platform for US stocks.
  • ✓ The platform will initially include stocks such as Nvidia, Tesla, and Apple.
🛡️ Source Corroboration: 11 independent reporting domains (85% confidence) ⏱ Read time: ~2 min

What changed

The OKX-ICE joint venture's filing with the SEC marks a significant step towards launching a tokenized stock trading platform.

Live updates

  1. Cuomo: Tokenized Stocks Bring 'Radical Change' to Markets

    Former New York Governor Andrew Cuomo says tokenized stocks will bring radical change to financial markets. A joint venture between OKX and ICE, with Cuomo as co-chairman, has filed with the SEC to launch a tokenized trading platform for US stocks, including Nvidia, Tesla, and Apple. The platform aims to enable 24/7 trading of tokenized stocks.

    Why it matters

    The emergence of tokenized stocks could modernize market infrastructure and provide more flexibility for investors. Traditional stock markets have limitations, such as trading hours and settlement times. Tokenization could increase efficiency and accessibility.

    What is confirmed

    • Former New York Governor Andrew Cuomo says tokenized stocks will bring 'radical change' to financial markets.
    • A joint venture between OKX and ICE plans to launch a tokenized trading platform for US stocks.
    • The platform will initially include stocks such as Nvidia, Tesla, and Apple.

    Still unconfirmed

    • The SEC has already given permission for the OKX-ICE joint venture to launch the tokenized stock trading platform.

    What to watch next

    • SEC approval for the OKX-ICE joint venture's tokenized stock trading platform
    • Launch date for the tokenized stock trading platform
    • Regulatory developments regarding tokenized stocks
    Sources used for this update (12)
    1. Reuters — OKX joint venture files with SEC to launch tokenized trading platform
    2. coindesk.com — Nvidia (NVDA), Tesla (TSLA) and Apple (APPL) are going onchain. Here’s how OKX and ICE’s new market will work
    3. WSJ — Tokenized Stocks Bring ‘Radical Change’ to Markets, Cuomo Says
    4. Yahoo Finance — NYSE’s Parent Just Filed to Tokenize 63 US Stocks on a Crypto-Native Exchange — And the SEC Already Gave It Permission
    5. Latham & Watkins LLP — Tokenized Trading in Company Stock: What Public Companies Need to Know
    6. flipboard.com — Tokenized Stocks Bring ‘Radical Change’ to Markets, Cuomo Says
    7. en.bloomingbit.io — Former New York Governor Cuomo Says Tokenized Stocks Will ...
    8. guavy.com — Cuomo Calls 247 Tokenized Stock Trading a Transformational ...
    9. coinfomania.com — Andrew Cuomo Advocates for Tokenization of American Securities
    10. flipboard.com — Friday Headlines: New Sheriff In Town Edition
    11. biztoc.com — Tokenized Stocks Bring ‘Radical Change’ to Markets, Cuomo Says
    12. finance.yahoo.com — Securitize rallies as Wall Street sees strategic upside in ...
    confidence 85%
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