OKXICE Files Notification with SEC to Launch NYSE Tokenized Stock Trading Venue

Time is money. Wall Street open twenty-four hours a day, with tokenized stocks instead of traditional securities. OKXICE brings together OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. The joint venture filed its filing with the SEC, revealed this Monday, October 5.

The ambition: to trade the shares of 63 listed companies on blockchain, with real shareholder rights. The filing comes as Base launches Cobalt to oversee tokenized assets.

OKXICE: 63 NYSE stocks tokenized under SEC exemption

The filing notifies the launch of a Tokenized Securities Venue (TSV), a venue for trading tokenized securities. It relies on the SEC’s innovation exemption. OKX and ICE announced their joint venture in June 2026. The exemption, which dates from September 17, remains a general framework. OKXICE has not received any green light, it has filed a notification.

The platform targets listed US stocks. Exchanges go through automated market makers: algorithms set the price by formula, without an order book. Added to this are liquidity pools, within an authorization framework. Cointelegraph talks about more than 60 companies. Bloomberg, at the origin of the information, counts precisely 63 companies listed on the NYSE.

Andrew Cuomo, co-president of OKXICE, sees this as a step towards a global Wall Street open day and night, anchored in the United States.

Innovation exemption: what the SEC imposes

The exemption lasts five years, while the SEC writes permanent rules, according to the SEC order. Tokenized shares must retain the dividends, voting rights and claims of a traditional shareholder.

There are many safeguards. An issuer receives written notice and has 30 calendar days to object. After this period, third parties can negotiate tokenized versions of its title. A trading venue caps at 75 symbols for the first level, 250 for the second. The tokenized volume cannot exceed 0.25% of the average daily volume of the previous month at the first level, 2.5% at the second. Still according to the SEC, smart contracts must remain public and auditable, on permissionless registers. Their data must become machine readable within ten minutes.

Faced with OKX’s offshore offer: real shareholder rights

The tokenized shares that OKX offers outside the United States offer neither real voting rights nor real shareholder rights, by OKX’s own admission. The American project changes the situation: the token must back real rights.

Exercise caution. A filing is not authorization, and the sources consulted do not give any launch timetable. For now, users don't have access to anything.

Volume ceilings also weigh. They are worth 0.25% of the average daily activity of the previous month at the first level, 2.5% at the second. Tokenized liquidity will therefore remain, initially, a fraction of that of the traditional market. 24 hours a day does not mean the same volume as at the New York session.