Two Major CEXs Explore Tokenization, Custody, and Distribution Partnership for U.S. Equities

Gate News message, April 20 — A major CEX is in talks with another major exchange to explore tokenization, custody, and global distribution services for U.S.-listed stocks and pre-IPO equities, according to CoinDesk. The negotiations are ongoing and do not involve equity acquisitions or similar transactions to enter the U.S. market.

The second exchange is pursuing its U.S. market entry through a separate entity led by former co-CEO Helen Liu. The effort involves an undisclosed local partner providing licensing and compliance support, while the exchange itself contributes technology, products, and liquidity.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Singapore Gulf Bank Launches USDC Minting on Solana with $100K Minimum, Temporary Fee Waivers

Singapore Gulf Bank has launched USDC minting and redemption services on the Solana network for institutional clients, enhancing transaction efficiency and addressing challenges in transferring large sums between traditional and crypto markets.

GateNews13m ago

Solana CPO Vibhu Buys $10K XRP to Demonstrate wXRP Potential as Liquidity Hits $1M in 24 Hours

Solana's Chief Product Officer bought $10,000 in XRP to showcase wXRP's utility, driving $1 million in liquidity within 24 hours. This highlights growing interoperability in DeFi and signals a shift in liquidity flows as ecosystems merge.

GateNews1h ago

AINFT Integrates Trust Wallet for One-Click Login on TRON and EVM Networks

AINFT has integrated with Trust Wallet, allowing users to easily connect to AI models across TRON and EVM networks. This enhances Web3 identity interactions and offers new users a welcome bonus of 10,000 AINFT points.

GateNews1h ago

Hack Seasons Cannes: Stablecoins Battle for Financial Rail Role

On April 1, the Hack Seasons Conference held its latest edition in Cannes, bringing together senior voices from crypto, payments, and institutional finance to examine how digital assets are moving into mainstream financial infrastructure. A standout session, "Stablecoins as the New Financial

CryptoFrontier2h ago

OpenAssets and Chainlink Launch Strategic Partnership to Deliver Institutional Asset Tokenization Infrastructure

OpenAssets partnered with Chainlink to enhance institutional asset tokenization, integrating their technologies for advanced solutions. This collaboration could enable the tokenization of over $68 trillion in assets.

GateNews2h ago

Hong Kong SFC Launches Pilot Framework for Secondary Trading of Tokenised Investment Products

Hong Kong's SFC launched a pilot framework for secondary trading of tokenised investment products on licensed platforms, enhancing retail access and blockchain settlement. The framework includes investor protection measures and aims to expand the tokenised products market.

GateNews3h ago
Comment
0/400
No comments