OKX and NYSE Owner ICE Plan Around-the-Clock Tokenized Stock Trading

WHY IT MATTERS

Stock markets today work like stores with fixed hours — they open in the morning and close in the afternoon, and you can only trade during those times. Tokenized stocks are like digital copies of real stocks that live on a blockchain (the same type of technology that powers cryptocurrencies like Bitcoin). Because blockchains run all the time, tokenized stocks could theoretically be traded 24 hours a day, 7 days a week, just like crypto. This partnership between a major crypto exchange and the company that owns the New York Stock Exchange shows how the worlds of traditional finance and crypto are increasingly overlapping. The SEC, which is the U.S. government agency that regulates stock markets, would need to grant special permission for this kind of trading to happen, since it does not fit neatly into existing rules.