OKX and NYSE Parent File for 24/7 Tokenized Stock Trading Platform
OKXICE, a joint venture between cryptocurrency exchange OKX and Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has submitted a proposal to U.S. regulators for a platform that would allow 24/7 trading of tokenized U.S. stocks. The filing with the U.S. Securities and Exchange Commission (SEC) comes as financial firms and crypto companies explore ways to extend stock market access beyond traditional trading hours.
The proposed platform, if approved, would initially offer tokenized shares of 63 companies listed on U.S. exchanges. These tokenized securities would operate on-chain, enabling continuous trading and potentially faster settlement times compared to conventional equities. The tokenized stocks would maintain the same economic and governance rights as their underlying shares, including dividends and voting rights.
The initiative follows an SEC decision in September 2026 to grant a 5-year exemption for qualifying platforms trading tokenized securities. Under this framework, platforms must notify companies before listing tokenized versions of their shares, with a 30-day period for issuers to object. OKX and ICE formed the 50-50 joint venture in June 2026, combining OKX’s blockchain infrastructure with ICE’s traditional market technology.
Tokenized stocks are increasingly seen as a bridge between digital assets and traditional financial markets, allowing assets to be traded outside conventional exchange hours. The OKXICE launch remains subject to regulatory requirements, including the 30-day objection period for companies.