OKXICE to Launch Tokenized Stock Trading With Strategy, Coinbase, and Circle
Summary
OKXICE, a joint venture between OKX and NYSE parent ICE, plans to launch 24/7 blockchain-based securities trading on November 23 under the SEC’s five-year Innovation Exemption. It has secured more than 70 tokenized securities, including shares of Strategy, Coinbase, Circle and Robinhood, plus 59 Direxion ETFs. Most companies initially approached objected to tokenized listings. Eligible U.S. OKX users will hold tokens in self-custody wallets, with stablecoin settlement and shareholder rights such as dividends and voting. The launch will make OKXICE the second venue operating under the SEC framework; access is initially limited to eligible U.S. customers.
