According to CoinMeta, on Sunday, OKX submitted documents to the U.S. Securities and Exchange Commission (SEC), intending to launch a tokenized stock trading platform, becoming one of the first large cryptocurrency exchanges to take advantage of the new U.S. regulations. These regulations allow digital versions of publicly traded company stocks to be traded on cryptocurrency platforms. OKXICE LLC is a joint venture between cryptocurrency exchange operator OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. The company plans to apply for approval to offer tokenized stocks of 63 publicly traded companies initially, including NVIDIA, Apple, Coca-Cola, Cisco, and McDonald's. ICE acquired a portion of OKX's equity in March, with the transaction valuing the latter at $25 billion. Both parties agreed to collaborate on cryptocurrency futures business that is regulated by the United States. Last month, SEC obtained a temporary exemption, paving the way for blockchain versions of securities to be traded in the U.S. and opening up a new arena of competition between cryptocurrency platforms and traditional exchanges.