727 FinancePANews October 5 news: Uniswap founder Hayden Adams posted on the X platform that the tokenized securities (TSV) project in collaboration between ICE Markets and OKX will be launched based on Uniswap v4 Hook, and stated that v4 Hook is a suitable market structure for tokenized securities (TSV) and will also bring new assets and users to the Uniswap protocol.
According to information disclosed by Hayden Adams, the related tokenized U.S. stock trading will provide eligible participants with tokenized U.S. National Market System (NMS) stock trading services through permissioned automated market maker (AMM) liquidity pools. Users can trade tokenized stocks using supported stablecoins. The AMM liquidity pool will be deployed on a Uniswap v4 liquidity pool on OKX's X Layer network. Only wallets holding a valid issued soulbound token (SBT) may participate in trading or provide liquidity.
Earlier news: OKX submitted an application to the SEC to launch a tokenized U.S. stock trading platform, becoming one of the first mainstream exchanges to use new U.S. regulations to trade digital versions of public company stocks on a crypto platform.