Carbon Credits: From Greenwashing to Glass Box

OKXICE, a joint venture between OKX and Intercontinental Exchange (owner of the NYSE), has notified the SEC of its intent to launch a 24/7 tokenized securities trading venue. This new platform, operating under the SEC's innovation exemption, plans to list over 60 stocks like Nvidia and SpaceX, paired with stablecoins. Host Ceres Quinn examines the "exit problem" for these tokenized equities and carbon credits, questioning liquidity and counterparty risk. Key Highlights: • OKXICE, a joint venture of OKX and Intercontinental Exchange, plans to launch a 24/7 tokenized securities trading venue for over 60 stocks paired with stablecoins. • The filing utilizes the SEC's new innovation exemption, which Robinhood's crypto chief notes as a potential constraint for bringing stock tokens to the US. • Ceres Quinn compares tokenized equities to carbon credits, highlighting how public ledgers can solve integrity issues like double-counting but may worsen liquidity. • The episode emphasizes the "exit problem" for tokenized assets, noting that 24/7 trading doesn't guarantee a 24/7 bid and that carbon credits' purpose is retirement, not resale. Topics: OKXICE, Tokenized securities, RWA, Stablecoins, Carbon credits, SEC, Liquidity, Innovation exemption, 24/7 trading, Exit strategy, Blockchain --- Follow Ceres Quinn on Instagram: @ceresquinn Newsletter: https://cryptorwabrief.beehiiv.com