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Ex-FTX Europe Head Seeks U.S. Tokenized Stock Trading with SEC Approval

Perpetuals.com aims to launch a tokenized stock trading platform in the U.S., following a similar move by OKX and ICE.

Perpetuals.com aims to launch a tokenized stock trading platform in the U.S., following a similar move by OKX and ICE. BNB (BNB) is trading at $729.08, up 0.1% since this brief published. This is an original Token Times brief synthesising 2 outlets (CoinDesk, Cointelegraph), plus live market data, as of Wed, 14 Oct 2026 20:00:01 UTC.

Why it matters

This development signals growing institutional interest in tokenized equities, which could bridge traditional finance and crypto markets by offering 24/7 trading of traditional assets. It also highlights the SEC's evolving stance on tokenized securities.

Covered by 2 outlets over about 18.4 h — Token Times synthesises them all into one brief
  1. Cointelegraph
    Most tokenized stock trading on Solana, BNB Chain occurs outside US market hours ↗
  2. CoinDesk
    Former FTX Europe chief targets U.S. tokenized stock trading with new SEC exemption ↗
Key takeaways
  • Perpetuals.com seeks SEC exemption for U.S. tokenized stock trading.
  • Tokenized equities market value nears $3.3 billion.
  • OKX and NYSE parent ICE previously announced similar plans.
What the reporting agrees on

CoinDesk and Cointelegraph both report that Perpetuals.com is pursuing SEC approval for a U.S. tokenized stock trading platform, following a similar initiative by OKX and NYSE parent ICE. However, Cointelegraph provides the additional detail that the tokenized equities market has reached nearly $3.3 billion in value, highlighting the growing investor interest in this asset class. The outlets agree on the core development but differ in the level of market context provided.

Perpetuals.com, a Nasdaq-listed company, is seeking SEC approval to launch a tokenized stock trading platform in the United States. This move follows a similar initiative by OKX and NYSE parent company ICE, which announced a joint venture to explore tokenized securities trading.

The development comes as the tokenized equities market shows significant growth, with its value reaching nearly $3.3 billion according to Cointelegraph. This growth underscores the increasing demand for 24/7 trading of traditional assets through blockchain technology.

The SEC's framework for tokenized securities is still evolving, making Perpetuals.com's application a potential indicator of the regulatory body's stance on these innovative financial products. The company's pursuit of this market follows in the footsteps of other major players exploring the intersection of traditional finance and cryptocurrency.

The news arrives amid a broader market downturn, with the total crypto market cap at $2.81 trillion and Bitcoin experiencing a 1.84% drop in the last 24 hours. Despite the overall market trend, the interest in tokenized equities suggests a potential area of growth and innovation within the crypto space.

BNB and Solana, two major cryptocurrencies, are also experiencing declines, with BNB at $728.08 (-1.65% 24h) and Solana at $104.18 (-2.83% 24h). The Fear & Greed Index stands at 62, indicating a 'Greed' sentiment in the market.

Market reaction since this brief Live

Since this brief published about 6 hours ago, BNB (BNB) has moved from $728.08 to $729.08 — +0.14%.

$727.94$728.26$728.58$728.90$729.22 published · $728.08 now · $729.08 (+0.14%) Oct 14 14:08 UTC Oct 14 20:00 UTC
BeforeSince publishPublished · $728.08
CoinAt publishNowSince publish
BNB$728.08$729.08+0.14%
SOL$104.18$104.06-0.12%

The chart plots BNB's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 BNB ≈ ₹76,185.21 (about $729.08), down 1.7% over 24 hours. The rupee itself trades about 9.6% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

BNB
#4
$729.08 ▼ 1.67%
+0.14% since this brief published
7d -5.20%MCap $97.08BFull BNB data →
#7
$104.06 ▼ 3.17%
-0.12% since this brief published
7d -10.34%MCap $61.32BFull SOL data →
The market when this published · October 14, 2026
Total market cap$2.81T
Bitcoin 24h-1.84%
Ethereum 24h-2.85%
BTC dominance58.3%
Fear & Greed62 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 14, 2026.

SectorTokenized real-world assets (RWA)$3.98Bacross 27 protocolsDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Ex-FTX Europe Head Seeks U.S. Tokenized Stock Trading with S — questions & answers

What is Perpetuals.com's goal with the SEC application?

Perpetuals.com aims to launch a platform for trading tokenized stocks in the U.S. after obtaining SEC approval.

How large is the tokenized equities market?

The tokenized equities market has reached nearly $3.3 billion in value.

What other companies are exploring tokenized securities?

OKX and NYSE parent company ICE have announced a joint venture to explore tokenized securities trading.

How much is 1 BNB worth in rupee today?

About ₹76,185.21 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $729.08. The rupee price moves with both BNB's US-dollar price and the USDT/INR rate; use our BNB in rupee page for any amount.

Has BNB's price moved since this brief was published?

BNB is up 0.14% since this brief first published — trading at $729.08 now versus $728.08 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from CoinDesk, Cointelegraph, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 14, 2026 ⛓ Timestamped at Bitcoin block #971,448 sha256:93387a57d94db870
Corroborated across 2 outlets, reported over about 18.4 h — this is an original Token Times summary with live market data, not the original article.Cointelegraph · Oct 13 19:48 ↗CoinDesk · Oct 14 14:08 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.