Regulation· ★★★★· neutral·

Nasdaq opts out of SEC tokenization exemption as OKXICE objections mount

  • —Nasdaq declined the SEC Innovation Exemption, live since Sept 17, 2026, for five years
  • —Nasdaq backs a model where the issuer controls how its shares are tokenized
  • —OKXICE filed to offer tokenized versions of 63 US-listed stocks trading 24/7
  • —Issuer objections rose from 9 on Oct 15 to 22 by Oct 23, 2026
Why it matters: The OKXICE dispute will shape which US stocks become tradable in tokenized form and under what rules.
Source: Crypto Briefing
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