WatcherGuru
OKX and the New York Stock Exchange's parent company plan to launch a 24/7 exchange for tokenized securities on November 23.
Why it matters
The venture links a crypto exchange with a major traditional exchange operator in a market built around putting securities on blockchain-based infrastructure.
Market impact
Round-the-clock trading would give investors an alternative to the limited hours of conventional stock markets. The launch will be a test of how tokenized securities trading can operate outside those hours.
Frequently asked questions
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When is the tokenized securities exchange planned to launch?
OKX and the New York Stock Exchange's parent company plan to launch it on November 23.
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How would the exchange's trading hours differ from conventional stock markets?
The planned exchange would operate around the clock, offering an alternative to the limited hours of conventional stock markets.
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What type of assets would the exchange trade?
The planned exchange would trade tokenized securities.
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Which types of exchange operators are involved in the venture?
The partnership brings together OKX, a crypto exchange, and the parent company of the New York Stock Exchange.
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Why is the partnership relevant to tokenized securities?
It links crypto and traditional exchange operators in a market built around putting securities on blockchain-based infrastructure.
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