OKX and ICE File SEC Notice for 24/7 Tokenized Stock Trading
OKX, a prominent cryptocurrency exchange, has taken a significant step by filing a notification with the U.S. Securities and Exchange Commission (SEC) for a blockchain-based trading platform. This initiative is part of a joint venture with Intercontinental Exchange (ICE), the parent company of the NYSE. The platform aims to offer 24/7 trading of tokenized shares from 63 NYSE-listed companies, including tech giants like Nvidia, Apple, Microsoft, and Tesla.
OKXICE LLC, the joint venture between OKX and ICE, submitted its filing on October 4, 2026. The platform combines OKX’s digital-asset infrastructure with ICE’s traditional financial-market expertise. The proposed venue would initially list tokenized shares of 63 NYSE-listed companies, including major technology firms and crypto-linked entities such as Strategy, Coinbase, Circle, and BitGo. Each company will have 30 days to object or opt out before trading begins.
The platform plans to operate around the clock, seven days a week, using permissioned Uniswap v4 liquidity pools deployed on XLayer. Tokenized stocks will be paired against stablecoins like USDC, USDG, or USDT. Former New York Governor Andrew Cuomo described the move as “a major step forward for OKXICE” and highlighted its potential to create “a truly global, 24/7 Wall Street.”
The filing leverages the SEC’s five-year “Innovation Exemption” framework introduced on September 17. However, the proposed market will face regulatory limits, including a cap of 75 eligible stocks and a trading volume restriction of 0.25% of the stock’s previous month’s total trading volume. The platform still needs to navigate the regulatory process before tokenized U.S. stocks can officially start trading.