OKX and ICE venture schedules Nov. 23 debut for tokenized securities platform
OKXICE, a joint venture between crypto exchange OKX and NYSE parent Intercontinental Exchange, plans to launch 24/7 trading for over 70 tokenized assets on Nov. 23 under an SEC exemption.
OKXICE, the joint venture formed by crypto exchange OKX and New York Stock Exchange parent company Intercontinental Exchange, announced on Nov. 11 that its Tokenized Securities Venue will open for trading at 9 a.m. ET on Nov. 23, according to Unchained. The platform is designed to provide around-the-clock trading of digital securities for eligible U.S. customers through the OKX app.[3][5][1][2]
The venue will operate under the Securities and Exchange Commission's five-year Innovation Exemption issued on Sept. 17, which permits blockchain-based stock trading without traditional exchange registration. Tokenization infrastructure is provided by Securitize, with each token structured as a security entitlement backed one-to-one by an underlying U.S. share that retains shareholder rights such as dividends and voting.[3][9][6]
Trading will execute via Uniswap v4 automated market maker pools deployed on X Layer, an Ethereum layer-2 network managed by OKX. Approved U.S. users will self-custody their assets in personal wallets, as the platform does not hold customer tokens. More than 70 assets have been confirmed for the platform, including 59 Direxion exchange-traded funds and shares from crypto-sector firms such as Coinbase, Circle, Robinhood, BitGo, Securitize, Better.com, and Strategy, which also plans to list preferred shares. OKXICE noted that not all confirmed assets may trade on day one.[3][4][11][6]
The rollout follows corporate pushback under the SEC framework, which requires venues to notify issuers before listing tokenized versions of their shares. A Nov. 5 public notice published by OKXICE revealed that 67 companies had formally objected to their inclusion, including major firms such as Apple, Amazon, Tesla, Meta, and Goldman Sachs.[3][4][8]
Key facts
- OKXICE, a joint venture between OKX and Intercontinental Exchange, will open its Tokenized Securities Venue at 9 a.m. ET on Nov. 23.
- The platform operates under a five-year SEC Innovation Exemption granted on Sept. 17 that allows trading of tokenized securities without registering as an exchange.
- More than 70 assets have been confirmed, including 59 Direxion ETFs alongside shares of Coinbase, Circle, Robinhood, and Strategy, though not all will trade on launch day.
- Securitize serves as the tokenization provider, backing each digital token one-for-one with a U.S. share while preserving voting and dividend rights.
- Trading runs on permissioned Uniswap v4 pools deployed on OKX's X Layer network, with tokens settling directly into users' self-custodial wallets.
- A total of 67 companies submitted notices of objection to having their shares listed, including Apple, Amazon, Tesla, Meta, and Goldman Sachs.
Sources · 10 sources
- CB
Coin Bureau@coinbureauPost on X ·
⚡️JUST IN: OKX and NYSE parent ICE will launch 24/7 tokenized U.S. securities trading on November 23 through their joint venture, OKXICE. More than 70 assets are expected, including Coinbase, Circle, Robinhood, and Strategy securities, plus 59 Direxion ETFs. The platform will launch under the SEC’s Innovation Exemption, which provides a path for permissioned onchain trading of digital securities.
Open source - DE
Decrypt@DecryptMediaPost on X ·
OKX and NYSE Owner ICE Set Nov. 23 Launch for 24/7 Tokenized Stock Trading. Their joint venue, OKXICE, will let eligible US customers trade tokenized securities around the clock in the OKX app under the SEC's Innovation Exemption. More than 70 assets are expected, including Coinbase, Circle, Robinhood, Strategy and 59 Direxion ETFs.
Open source - UN
UnchainedArticle ·
OKXICE Tokenized Stock Venue to Open Nov. 23; Circle, Coinbase, Robinhood Among 70+ Assets OKXICE , the crypto exchange OKX’s joint venture with NYSE parent Intercontinental Exchange (ICE), said on Nov. 11 that its Tokenized Securities Venue (TSV) will open for trading at 9 a.m. ET on Nov. 23 . The venture said it has confirmed more than 70 assets , but a representative said not all of the assets may trade on Nov. 23. Named issuers include Better.com, BitGo, Circle, Coinbase, Robinhood, Securitize and Strategy, which the venture said will also list its preferred stocks. Strategy CEO Phong Le said in the announcement that tokenization on the venue is “a natural next step” for those stocks, such as STRC. Direxion is adding 59 exchange-traded funds . Matt Hougan, Bitwise’s chief investment officer, said on Unchained on Nov. 9 that ICE sees tokenization, crypto and stablecoins “as the future of how finance works.” Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter . How Trading Will Work Securitize provides the tokenization infrastructure. Each token is a “security entitlement” backed one-for-one by a U.S. share and recorded on the tokenizer’s books, according to the venture’s Nov. 5 public notice . Holders keep the applicable shareholder rights, such as dividends, voting and taking part in corporate actions, the venture said. Buyers keep the tokens in their own wallets; the venture never holds them. Trading runs through automated market maker pools on Uniswap v4 , deployed on X Layer, the Ethereum layer-2 chain OKX runs, and only approved wallets can trade or add liquidity. At launch, the venue is open only to eligible U.S. customers of OKX Inc. who pass know-your-customer checks, set up the required OKX wallet and onboard with OKXICE. “The future of finance is onchain, and we have an opportunity to build it here in America,” Andrew Cuomo, the former New York governor who co-chairs OKXICE with Trabue Bland, said in the announcement. “OKXICE TSV reflects how we see markets evolving. Investors want access that is always on, and they want to know the rules behind it. We’re glad to see tokenized securities arrive through a compliant framework built on real shares and real shareholder rights,” said Kash Razzaghi, Circle’s chief commercial officer. Issuer Objections The venue runs under the Innovation Exemption , a five-year SEC order issued Sept. 17 that lets such venues trade tokenized stocks without registering as exchanges. Before listing a stock tokenized by an unaffiliated third party, a venue must give the issuer written notice and a chance to object. The venture’s own public notice , dated Nov. 5 and published as the exemption requires, lists 67 issuers that had sent it a notice of objection by that date, among them Apple, Amazon, Tesla, Meta and Goldman Sachs. ICE and OKX formed the joint venture in June, after ICE invested in OKX at a $25 billion valuation in March. Related Listen: Why The Innovation Exemption Is a Glimpse at the Next Two Years in Crypto The post OKXICE Tokenized Stock Venue to Open Nov. 23; Circle, Coinbase, Robinhood Among 70+ Assets appeared first on Unchained .
Open source - JM
Jacquelyn Melinek@jacqmelinekPost on X ·
OKXICE, the joint venture between @okx and NYSE parent @ICE_Markets, has a launch date of Nov 23 The venture is still planning to go live with its tokenized securities venue even as 67 companies have opted out including: Apple, Microsoft, Nvidia, Amazon, Tesla, Meta, Netflix and JPMorgan. The 70+ assets confirmed so far include shares of @Coinbase, @Circle, @RobinhoodApp, @BitGo, @Securitize and @Strategy, plus 59 Direxion ETFs. But OKXICE says not all of them will be tradable on day one. On Nov 9 a Robinhood spokesperson commented to CoinDesk in favor of it, “We think tokenization is the future of financial markets. We would rather be part of building it than sit on the sidelines.” Once live, eligible US customers can trade 24/7 in the OKX app, with @Securitize handling the tokenization. OKXICE says each token is backed one-to-one by a real share.
Open source - TB
The BlockArticle ·
OKXICE sets Nov. 23 launch for tokenized securities venue under SEC innovation exemption OKXICC, plans to launch its tokenized securities venue at the end of the month, the joint venture announced on Wednesday.
Open source - CB
Crypto Banter@crypto_banterPost on X ·
🚨OKXICE TO LAUNCH TOKENIZED SECURITIES VENUE FOR U.S. CUSTOMERS ON NOVEMBER 23! OKXICE, a joint venture between @okx and Intercontinental Exchange, said eligible U.S. customers will be able to trade more than 70 tokenized securities 24/7 starting November 23 through the OKX app. Listed assets are expected to include shares from Circle, Coinbase, Robinhood, Strategy and others, plus 59 Direxion ETFs. Strategy will also list preferred stocks. Tokens are backed 1:1 by underlying shares and include shareholder rights. Trading runs on permissioned Uniswap v4 pools on X Layer. Customers hold assets in self-custodial wallets. The venue operates under the SEC’s Innovation Exemption.
Open source - CN
crypto.news@cryptodotnewsPost on X ·
BREAKING: OKXICE sets Nov. 23 launch for tokenized securities platform despite objections from 67 companies The joint OKX and ICE venture plans to offer more than 70 assets, including 59 ETFs, with 24/7 trading for eligible U.S. customers under a five-year SEC exemption. https://t.co/OgV9dewQkf
Open source - DE
DecryptArticle ·
OKX-ICE Tokenized Stock Venue Sets Launch, Turning to Crypto Companies After Big Tech Opts Out OKXICE will open its tokenized securities venue Nov. 23 with more than 70 assets, led by crypto companies like Coinbase, Circle, Robinhood and Strategy, after 67 companies objected to having their shares listed.
Open source - CN
crypto.news@cryptodotnewsPost on X ·
TODAY: Securitize named tokenization provider for OKX-ICE securities venue launching November 23 The platform will bring more than 70 tokenized assets on-chain, each backed 1:1 by an underlying U.S. share and available for trading around the clock. https://t.co/Ww70eZH4vJ
Open source - BS
BSCN@BSCNewsPost on X ·
OKX and ICE Are Bringing US Stocks Onchain Cryptocurrency exchange OKX (@OKX) and Intercontinental Exchange (@ICE_Markets) will launch the OKXICE Tokenized Securities Venue on November 23. The platform aims to bring traditional US capital markets onto blockchain rails and enable 24/7 trading of tokenized stocks. According to the announcement, these tokens will be pegged one-to-one to underlying securities and will settle into users' personal wallets.
Open source - LS
Laura Shin@laurashinPost on X ·
OKXICE’s tokenized stock venue will run on Uniswap v4 pools on OKX’s X Layer network, with Securitize backing each token one-for-one with a U.S. share. Direxion is bringing 59 ETFs. https://t.co/ezA9BTHEz3
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