OKX–ICE Sets 23 November Launch Date for Tokenised Stock Trading Despite Corporate Opposition

By José Oramas November 12, 2026 In OKX, Tokenisation, Trading

OKXICE, the joint venture of OKX and NYSE owner Intercontinental Exchange, will open round-the-clock trading to eligible US customers on 23 November, with more than 70 tokenised assets expected.
Securitize backs each token one-for-one with a real share, and trading runs through permissioned Uniswap v4 pools on OKX’s X Layer network.
OKXICE’s 5 November notice lists 67 companies that objected under the SEC’s Innovation Exemption, including Apple, Amazon, Microsoft and JPMorgan.

OKXICE, the joint venture of OKX and NYSE owner Intercontinental Exchange (ICE), will open round-the-clock trading in tokenised US securities on 23 November.

OKX set the date on 11 November, in an announcement that limits trading to eligible customers of OKX Inc., its US arm. Those customers can reach the venue inside the OKX app after activating a CeDeFi Wallet and passing OKXICE’s onboarding checks.

More than 70 assets are expected at launch, including securities from Better.com, BitGo, Circle, Coinbase, Robinhood, Securitize and Strategy. Direxion is adding 59 exchange-traded funds, and Strategy will also list its preferred stocks.

We’re grateful to our first-mover issuers and to Securitize for helping us turn this vision into a live market, and we look forward to expanding access as the venue grows.

OKXICE co-chair Trabue Bland

Securitize tokenises the shares, backing each token one-for-one with a US share held through a broker-dealer. Token holders receive dividends and voting rights, according to the venue’s 5 November public notice.

Moreover, customers keep the tokens in self-custodial wallets, and OKXICE holds neither the assets nor any private keys. Only wallets holding OKXICE’s non-transferable soulbound token can trade.

Trading runs through permissioned Uniswap v4 pools on X Layer, OKX’s Ethereum layer-2 network and each of those pools pairs a token with a stablecoin such as USDC or USDG. Prices in those pools come from the ratio of assets in each one, since the venue has no order book, though those prices may differ from the underlying stock, particularly outside the primary exchange’s regular hours.

67 Companies Opt Out

The same notice lists 67 companies that objected to having their stock traded on the venue. Those objectors include Apple, Amazon, Alphabet, Microsoft, Nvidia, Meta and Tesla, along with Goldman Sachs, JPMorgan, Walmart and SpaceX. That count stood at 22 companies in OKXICE’s 23 October notice.

Objections work under the SEC’s Innovation Exemption, issued on 17 September. That exemption requires a venue to notify a company before trading its stock tokenised by a third party. An objection lodged within 30 days keeps those shares off that venue only.

Nasdaq has said it intends to opt its own stock out of such venues. Its issuer guidance, last updated 29 September, warned that prices on these venues can disconnect from the broader market.

OKX’s announcement states the venue is not a registered exchange or broker-dealer and has not been approved by the SEC. ICE runs a separate tokenised project through NYSE, which on 9 November picked Avalanche to settle trades on a planned 24/7 market.