OKXICE, a joint venture between crypto exchange OKX and Intercontinental Exchange (ICE), which owns the New York Stock Exchange (NYSE), has approached the US Securities and Exchange Commission (SEC) to start a platform for trading tokenized US stocks.
The first list has 63 companies listed on the NYSE. It includes big names such as Nvidia, Apple, Microsoft and Tesla. Crypto companies like Coinbase and Circle are also part of the list. If the plan gets the necessary approval, people could trade these digital versions of stocks at any time, including when the regular stock market is closed.
Source: okx.com
The application was filed on October 4. The objective of OKXICE is to run the platform as a Tokenized Securities Venue, or TSV. The SEC recently created this category for platforms that want to offer tokenized shares.
A tokenized stock is basically a digital version of a real company share. The ownership record is kept on a blockchain instead of being handled only through the usual stock market systems. One possible benefit is that trading does not have to stop when the normal stock exchange closes.
For its platform, OKXICE plans to use Uniswap v4 liquidity pools on the XLayer blockchain. Only approved participants would be allowed to use these pools. The tokenized shares could be traded against stablecoins such as USDC, USDG and USDT.
But there is still some time before investors can actually start trading. The filing is not the final approval. Each of the 63 companies will be informed and will have 30 days to opt out. So, the final number of stocks on the platform could be lower.
The SEC had announced the new framework on September 17. It allows eligible platforms to offer limited trading in tokenized US-listed stocks using automated market makers and liquidity pools. For now, the exemption will last for five years.
The SEC has also made it clear that tokenized shares should not mean fewer rights for investors. People holding them should get the same rights as holders of traditional shares, including dividends and voting rights. There will also be limits on the number of securities and the amount of trading.
Today we are announcing a major step forward for OKXICE, the joint venture between @okx and Intercontinental Exchange, parent company of @NYSE:
OKXICE has notified the SEC that we intend to launch our Tokenized Securities Venue (TSV) under the SEC’s new Innovation Exemption.
Our notice includes more than 60 companies listed on U.S. stock exchanges.
This is a landmark step toward a truly global, 24/7 Wall Street — and toward keeping the future of digital finance anchored here in the United States.
The digital asset revolution is already transforming our financial system. Tokenized securities are part of what comes next.
And we’re just getting started.
— Andrew Cuomo (@andrewcuomo) October 5, 2026
Andrew Cuomo, co-chair of OKXICE and a former New York governor, called the move a step towards what he described as a global, 24-hour Wall Street.
OKX and ICE set up the 50-50 joint venture in June this year. Their aim is to build infrastructure for tokenized and digital financial products. The latest filing could give a clearer idea of how willing traditional companies are to let their shares move into the blockchain-based market.
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