Key Takeaways
- OKXICE, a joint venture of OKX and New York Stock Exchange parent Intercontinental Exchange, filed to offer 24/7 tokenized trading in 60 U.S. stocks.
- The filing uses the Securities and Exchange Commission's new innovation exemption, a regulatory path meant to let tokenized securities trade onchain.
- Tokenized stocks are now worth about $3.2 billion, up 15 percent in the past month, according to data provider RWA.xyz.
- OKX already lists more than 70 tokenized stock tickers offshore that U.S. investors cannot buy, so the filing marks its first onshore step.
OKXICE, the joint venture of crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange, filed on October 5, 2026 to offer round-the-clock tokenized trading in 60 U.S. stocks under the Securities and Exchange Commission's new innovation exemption.
What OKXICE Filed: 60 Tokenized U.S. Stocks Under the SEC Innovation Exemption
OKXICE plans to launch tokenized U.S. stocks under the SEC's new innovation exemption, CoinDesk reported. The innovation exemption is a regulatory path the Securities and Exchange Commission created to let tokenized securities trade onchain rather than only through traditional exchange systems. A tokenized stock is a blockchain-based token that represents a share in a listed company, which lets it change hands at any hour instead of only during market hours.
The plan covers 60 U.S. stocks and would let them trade around the clock. "Tokenization is gathering real momentum, and we're beginning to see what happens when the infrastructure of traditional markets meets blockchain technology," Andrew Cuomo, the co-chair of OKXICE, told CoinDesk. The venture presented the filing as a first step toward onchain markets that it says can make trading and settlement more efficient and more widely available.
How the OKX and ICE Tokenized Equities Venture Is Structured
OKXICE pairs OKX, an international cryptocurrency exchange, with Intercontinental Exchange, the company that owns the New York Stock Exchange. The two firms built the venture to advance tokenization and digital asset infrastructure. Earlier in the year, Intercontinental Exchange invested in OKX at a $25 billion valuation, according to Decrypt, taking a minority stake in the exchange before the two formed the joint venture.
The venture is co-chaired by Andrew Cuomo, the former New York governor and attorney general who has worked with OKX since 2023, and Trabue Bland, senior vice president for futures exchanges at Intercontinental Exchange. "The ICE-OKX joint venture is a step towards building the infrastructure that will define how global markets operate in the decades ahead," Bland said in a statement. He added that the firm hopes to broaden its offerings to the 120 million retail traders who use OKX.
Where Tokenized Stocks Stand: A $3.2 Billion Market Growing 15% a Month
Tokenized stocks are now worth about $3.2 billion, up 15 percent in the past month, according to data provider RWA.xyz. OKX itself already lists more than 70 tokenized stock tickers, but they are issued under offshore rules, so investors in the United States cannot buy them. The OKXICE filing to tokenize 60 U.S. stocks is therefore fewer names than OKX already offers abroad, and it is the venture's attempt to bring the product onshore where U.S. investors can reach it, as CoinDesk reported.
The filing matters because it changes how shares can move rather than what they are worth. Round-the-clock tokenized trading would let a share settle onchain at any hour, outside the fixed sessions that govern the New York Stock Exchange today. Bringing a NYSE parent and a large crypto exchange into one venture under a federal exemption puts that settlement model in front of U.S. regulators for the first time at this scale.
People Also Ask
What is OKXICE?
OKXICE is the joint venture of OKX and Intercontinental Exchange, the parent of the New York Stock Exchange. On October 5, 2026 it filed to offer 24/7 tokenized trading in 60 U.S. stocks under the Securities and Exchange Commission's innovation exemption.
What is a tokenized stock?
A tokenized stock is a blockchain-based token that represents a share in a company. OKXICE's filing would let investors trade 60 U.S. stocks as tokens around the clock rather than only during exchange hours.
What is the SEC innovation exemption?
The SEC innovation exemption is a regulatory path the Securities and Exchange Commission created to let tokenized securities trade onchain. OKXICE filed to tokenize 60 U.S. stocks under this exemption.
Who runs OKXICE?
OKXICE is co-chaired by former New York governor Andrew Cuomo, who has advised OKX since 2023, and Trabue Bland, senior vice president for futures exchanges at Intercontinental Exchange. Intercontinental Exchange invested in OKX at a $25 billion valuation before the two formed the venture.