NYSE owner and crypto exchange OKX seek SEC clearance for tokenized U.S. stock trading

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Intercontinental Exchange (ICE), the owner of the NYSE, and crypto exchange OKX have submitted a filing to the SEC. The two entities aim to establish a 24/7 trading platform for tokenized U.S. stocks. This strategic move follows the appointment of former New York Governor Andrew Cuomo as cochair of ICE three months ago. The initiative signals a push to bring tokenized stocks into the mainstream financial market through a regulated framework approved by the SEC.