NYSE owner and OKX plan 24/7 tokenized stock trading using Uniswap

Intercontinental Exchange and OKX are preparing an always-open market where tokenized US stocks could keep repricing after Wall Street closes.On Oct. 4, OKXICE, the companies' 50-50 joint venture, notified the Securities and Exchange Commission (SEC) that it intends to launch a Tokenized Securities Venue under the regulator's new Innovation Exemption. The proposed platform would initially support 63 securities, including Nvidia, Tesla, Apple, Microsoft, JPMorgan, Goldman Sachs, Coinbase and Circle.The structure would create a parallel trading venue for some of America's most actively traded companies that remains open 24 hours a day, seven days a week. Tokenized shares could continue absorbing information during nights and weekends when their underlying stocks are unavailable on traditional cash markets, potentially providing a reference for where prices may move when regular exchanges reopen.ICE's involvement gives the experiment added significance. The owner of the New York Stock Exchange is directly participating in infrastructure that tests whether US equity trading can extend onto blockchain rails beyond conventional market hours.“This is a landmark step toward a truly global,...