Tokenized Stocks

The SEC’s tokenized-stock venue list is public. But before OKXICE opened, nine US companies had already exercised their right to keep their shares off it. The regulator created a route to trading; issuers are deciding which stocks can take it. The SEC’s October 20 list identifies three prospective operators. Meanwhile, OKXICE’s latest notice records nine objections, Nasdaq has separately opted out of tokenizing its own shares under the framework, and Better Markets asked the SEC on October 22 to withdraw the exemption. ...

On Sept 15 the Senate voted 49–50 to deny cloture on the CLARITY Act (H.R. 3633). Sixty votes were required. The market-structure bill that the entire US crypto industry spent three years lobbying for is dead on this floor. Forty-eight hours later, on Sept 17, the SEC issued the Innovation Exemption. On Sept 18, Bitcoin reclaimed $80,000 — trading around $80,822, up 5.5% in 24 hours inside a $76,205–$80,944 range (CoinGecko). ...