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OKXICE Files SEC Plan for Tokenized U.S. Stocks

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Story summary
  • OKXICE filed with the SEC to launch a blockchain platform for tokenized U.S. stocks.
  • Former New York Governor Andrew Cuomo will serve as co-chair of OKXICE, the filing announced Sunday night.
  • The platform will list over 60 stocks.
  • Each token will be backed by an underlying share representing actual stock ownership.
  • Tokenized assets reached $35 billion this year, with tokenized stocks up 2,000% and over 1 million holders.