Three companies plan to operate tokenized securities trading venues under SEC innovation exemptions
Three companies have notified the SEC of their plan to operate a tokenized securities trading venue (TSV) under the innovation exemption policy. TSV LLC is owned by Ali Abrar and Ryan Trinkle, co founders of Obsidian Systems, and plans to operate on the Canton Network; OKXICE is a joint venture between OKX and ICE Markets, planning to operate on X Layer; Kephas Corp. is the US subsidiary of Perpetuals.com, led by founder @ PGruhnPDC, and plans to operate on Kronos X Public. The SEC stated that being listed does not mean that the relevant companies have met the conditions for innovation exemption. (Source: Fox Business)