Former New York Governor Andrew Cuomo calls round-the-clock tokenized stock trading a “transformational game-changer,” as the venture he co-chairs races to become one of the first to launch it.What OKXICE Actually FiledCuomo told The Wall Street Journal Friday that OKXICE, his 50-50 joint venture b…
- Former NY Governor Andrew Cuomo's venture, OKXICE, is seeking regulatory approval for a 24/7 tokenized stock trading platform, aiming to revolutionize global securities trading.
- The initiative leverages regulatory ambiguity following the Clarity Act's failure, with the SEC granting an innovation exemption for limited tokenization of stocks.
- This move signals a broader trend of integrating traditional finance with crypto infrastructure, with platforms like Solana and Securitize also tokenizing major U.S. equities.
Topics: Asset types, Legal regulatory, Institutional adoption, Financial instruments, Securities law classification, Asset manager initiatives
Tags: #andrewcuomo #okxice #tokenizedstocks #247trading #sec #clarityact #intercontinentalexchange #okx #solana #securitize
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