
NYSE owner backs 24/7 tokenized stock trading on OKXICE without Wall Street price rules
- —OKXICE will trade tokenized stocks 24/7 via Uniswap v4 pools on XLayer
- —Off-hours prices come from pool balances, not NYSE quotes
- —A $1,000 buy in a small pool returns about 9.09 tokens at an average $110
- —16 issuers, including Microsoft and Goldman Sachs, object to the listings
Why it matters: Pool-based pricing can cause meaningful slippage versus NYSE quotes, and issuer objections cloud the roster of tradable stocks.
Source: CryptoSlate