Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption
Nasdaq-listed Perpetuals.com is the second company to pursue a U.S. tokenized stock marketplace under the SEC's new framework, following a joint venture between OKX and NYSE parent ICE.
AI summary
The former head of FTX Europe is launching a U.S. tokenized stock trading platform through Nasdaq-listed Perpetuals.com, seeking an SEC exemption under the agency's new framework. This makes it the second firm to pursue such a marketplace, following a joint venture between OKX and NYSE parent ICE. The move signals growing institutional interest in tokenized securities and could expand crypto-adjacent trading infrastructure in the U.S., a positive development for the sector's legitimacy and adoption.
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