By Aliyu Pokima Key highlights: OKX and ICE are launching a joint venture to offer 24/7 trading of tokenized U.S. stocks. The proposed platform initially targets 63 U.S.-listed companies, including Apple, Nvidia, Tesla and Coinbase. The venture has filed with the SEC under a new innovation exemption as traditional finance and crypto move closer onchain. […]
Tag: SEC
By Hassan Shittu Key highlights: The SEC proposed new crypto custody rules allowing registered investment advisers to self-custody digital assets when no eligible third-party custodian is available. State trust companies would get a formal custody pathway (replacing the limited 2025 no-action letter), while crypto trading platforms remain outside the framework. The proposal also expands eligible […]
By Aliyu Pokima Key highlights: Evernorth shareholders approved the business combination, clearing a key hurdle ahead of its planned Nasdaq debut under XRPN. Evernorth expects to hold approximately 473 million XRP and has raised more than $1 billion through the transaction and related private placements. The company expects to close the deal on October 7 […]