OKX Ice launches tokenized stocks as major exchanges pursue digital securities
Source Summary
OKX Ice is launching tokenized stocks on November 23, testing a new SEC exemption for digital securities. Nasdaq is developing its own tokenized stock platform while warning that fragmented trading across multiple platforms could harm market liquidity.
Why it matters
The launch tests regulatory pathways for blockchain-based securities trading and highlights industry concerns about market fragmentation as multiple platforms pursue tokenized stock offerings.
