According to Cointelegraph, the parent company of the New York Stock Exchange and OKX have filed documentation to establish a platform that will tokenize shares in U.S.-listed companies. The filing indicates the aim is to offer tokenized versions of equity securities for more than 60 U.S.-listed companies.
The platform intends to operate under the Securities and Exchange Commission’s recently introduced innovation exemption, which allows certain experimental offerings with reduced regulatory requirements while maintaining core investor protections. The exemption was established to support market innovation in digital asset intermediation and securities tokenization.
OKX, a global cryptocurrency exchange, and the NYSE parent entity are separate legal entities; the filing concerns the parent company of the NYSE pursuing this initiative. No details were provided regarding timeline, technical implementation, regulatory approvals beyond the exemption framework, or partnership terms with listed issuers.
