OKX and ICE File for 24/7 Trading of Tokenized US Stocks

OKXICE LLC has notified the SEC to launch a Tokenized Securities Venue offering 63 NYSE-listed stocks with dividends and voting rights, 24/7.

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OKX and ICE File for 24/7 Trading of Tokenized US Stocks

By @sharedot · · 6 pages

  • Crypto
  • Tokenized Stocks
  • Regulation

OKXICE LLC has notified the SEC to launch a Tokenized Securities Venue offering 63 NYSE-listed stocks with dividends and voting rights, 24/7.

The Filing: 63 NYSE Stocks on a Blockchain Venue

On October 4, 2026, OKXICE LLC, a joint venture between crypto exchange OKX and Intercontinental Exchange (ICE), the parent company of the NYSE, filed a notification with the U.S. Securities and Exchange Commission to launch a Tokenized Securities Venue. The platform would initially offer tokenized shares of 63 NYSE-listed companies, including Nvidia, Apple, Microsoft and Tesla, alongside crypto-linked names such as Strategy, Coinbase, Circle and BitGo. Bloomberg reports the filing makes OKX one of the first major crypto exchanges to use the new U.S. rules allowing tokenized public-company shares to trade on crypto venues.

Why It's Surprising: Real Shareholder Rights, Not Price Trackers

Unlike offshore stock tokens that merely track share prices, the OKXICE filing describes blockchain-based securities carrying genuine shareholder rights: each tokenized share would entitle holders to receive direct cash dividends and vote on corporate matters. That distinction matters to investors because tokenized products differ in how they deliver exposure to an underlying asset. Former New York Governor Andrew Cuomo, co-chair of OKXICE, called the move "a major step forward" that could help create "a truly global, 24/7 Wall Street." The venue would trade around the clock using permissioned Uniswap v4 liquidity pools on XLayer, with tokens paired against USDC, USDG or USDT.

The Evidence: SEC's Innovation Exemption Sets Limits

The filing uses the SEC's five-year "Innovation Exemption" framework introduced September 17, which allows approved Tokenized Securities Venues to handle certain U.S. securities through blockchain-based systems without traditional exchange registration. According to Coinpedia, the proposed market faces hard caps: a tokenized venue can list up to 75 eligible stocks, and trading in any individual token cannot exceed 0.25% of that stock's previous month's total trading volume. Issuers also get a 30-day window to object or opt out before their shares are tokenized. The joint venture follows ICE's March investment in OKX at a valuation of roughly $25 billion.

What Comes Next: Regulatory Hurdles Before Launch

The filing is a step toward launch, not a green light: OKXICE must still satisfy the SEC's applicable requirements before commercial trading begins, and the 30-day issuer objection period applies to stocks tokenized by unaffiliated third parties. UseTheBitcoin notes the U.S. platform would operate under a different regulatory structure than OKX's existing offshore tokenized-stock offerings. Competition is also heating up, with the NYSE, Nasdaq and other crypto platforms developing tokenized-securities infrastructure, meaning the eventual contest could center on liquidity, available stocks, settlement speed and shareholder-rights fidelity.

Sources

  1. tradingview.com › OKX Files With SEC to Bring 63 U.S. Stocks to 24/7 Blockchain Trading
  2. usethebitcoin.com › OKX and ICE File for 24/7 Trading of Tokenized US Stocks

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