OKX Launches ‘Simple Options’ Based on Tokenized Stocks, With 24/7 Trading

Global cryptocurrency exchange OKX has launched a new "Simple Options" service, enabling users to trade options based on tokenized stocks. Introduced on November 4, the service initially supports four prominent tokenized equities: Google, Nvidia, SpaceX, and Micron Technology. This offering allows for both buying and selling of call and put options, providing a more sophisticated financial instrument for real-world assets. The service operates 24 hours a day, seven days a week, ensuring continuous market access. OKX has implemented an all-in pricing model, meaning no separate trading fees are charged, and the minimum trade size is set at one share of the underlying asset. This development is significant for the RWA market as it expands the utility of tokenized assets beyond spot trading into derivatives, potentially attracting a broader range of investors seeking exposure to traditional equities through a blockchain-native framework and enhancing liquidity and accessibility for these assets.