SEC reportedly receives three tokenized securities venue plans under new exemption

A Fox Business crypto reporter said the U.S. Securities and Exchange Commission (SEC) had received notifications from three companies planning tokenized securities trading venues under the new innovation exemption. The companies are TSV LLC, OKXICE and Kephas Corp. The SEC said a company's appearance on the list does not establish that the company satisfies the exemption's conditions.

Obsidian Systems co-founders Ali Abrar and Ryan Trinkle own TSV LLC. Trinkle also sits on the Canton Foundation's board. TSV LLC plans to use Canton Network for the trading venue.

OKX and ICE Markets jointly own OKXICE. OKXICE plans to use X Layer, the Ethereum Layer 2 network operated by OKX.

Kephas Corp. is the U.S. subsidiary of Perpetuals.com. Kephas Corp.'s founder leads the company and previously headed FTX Europe. Kephas Corp. plans to use Kronos X Public for the trading venue. Kronos X Public is a public, permissionless Layer 2 network with permissioned trading pools.