OKX and NYSE Parent ICE to Launch 24/7 Tokenized Stock Trading on November 23 as 67 Companies Object

Published November 12, 2026, 1:15 AM PKT. Based on OKX's official announcement of November 11, 2026 (primary source) and reporting by Bitcoin Magazine, Cointelegraph, Dow Jones and Bloomberg on November 11, 2026 (secondary sources).

OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, will open their tokenized stock trading venue on November 23, 2026, letting eligible customers in the United States trade blockchain versions of U.S. stocks and exchange-traded funds around the clock, the companies said on Wednesday, November 11.

The venue, called the OKXICE Tokenized Securities Venue, is a 50-50 joint venture between crypto exchange OKX and ICE. It will list more than 70 assets at launch, including tokenized shares of Better.com, BitGo, Circle, Coinbase, Robinhood, Securitize and Strategy, plus 59 exchange-traded funds from Direxion, according to OKX's announcement. Strategy will also list its preferred stocks, including STRC.

The launch sets a date for one of the most closely watched experiments in U.S. markets: whether shares of public companies can trade on a blockchain, outside market hours, under a temporary exemption from the Securities and Exchange Commission, while most of the companies whose shares were targeted say they want no part of it.

The November 23 launch: 70 assets, 24/7 trading

Beginning November 23, eligible U.S. customers will be able to trade digital securities around the clock through the OKXICE venue, directly in the OKX app, OKX said. Access is limited to U.S.-based customers of OKX Inc. who have activated a CeDeFi Wallet, passed identity checks and completed onboarding with the joint venture.

The venue will launch under the SEC's Innovation Exemption, a temporary five-year framework issued on September 17, 2026 that lets tokenized securities venues trade blockchain versions of U.S. stocks through automated market makers without registering as exchanges, Bitcoin Magazine reported. OKXICE submitted its notice of intent to the SEC on October 4, according to the SEC's exemption page cited by Bitcoin Magazine.

"The SEC has created a real opening for American markets to lead the next era of finance," said Andrew Cuomo, the former New York governor who co-chairs OKXICE. "OKXICE TSV gives first movers the opportunity to bring their securities onchain through a compliant venue built for 24/7 markets and real shareholder rights."

The other co-chair, ICE senior vice president Trabue Bland, said eligible investors will be able to access tokenized U.S. securities around the clock under the exemption framework, and thanked the first-mover issuers and Securitize for helping turn the plan into a live market.

How the venue works: Uniswap pools on X Layer

Trading on the venue will run through automated market maker liquidity pools built on Uniswap v4 and deployed on X Layer, OKX's Ethereum ($ETH) layer-2 network, according to OKX. Securitize will provide the tokenization infrastructure.

Each token will represent a security entitlement backed one-to-one by an underlying U.S. share, with applicable shareholder rights and economic benefits, including dividends, voting rights and participation in corporate actions, OKX said. Customers will hold their digital securities in self-custodial wallets, and the venue will hold neither their assets nor their private keys.

Issuers lined up behind the launch in the announcement. Circle chief commercial officer Kash Razzaghi said investors want access that is always on and want to know the rules behind it. Direxion chief executive Douglas Yones said participating as a launch issuer was the latest example of the fund manager meeting traders where they are. Securitize chairman and chief executive Carlos Domingo called the issuers' participation an important vote of confidence in tokenized capital markets.

Strategy president and chief executive Phong Le framed the listing in the company's own terms, saying its preferred stocks, such as STRC, transform Bitcoin ($BTC) into digital credit, and that tokenization on the venue is a natural next step toward making that credit accessible around the world, 24 hours a day, seven days a week.

67 companies objected, including Apple and Tesla

The launch goes ahead over the objections of most of the companies whose shares were targeted. A public notice from the venue dated November 5 lists 67 issuers that had sent a written objection by that date, Bitcoin Magazine reported, among them Apple, Amazon, Tesla, Meta, Netflix, Nvidia, Microsoft, JPMorgan, Goldman Sachs, Costco, Nike and Home Depot.

Bloomberg reported a narrower count from the original target list: of 62 companies originally targeted by OKXICE, 56 objected, leaving six without disclosed objections, including Coinbase, Strategy and Robinhood Markets. The two figures count different sets, the 67 being all written objections received by November 5 and the 56 being objections from the original target list, and neither report says how many of the 70-plus launch assets will be available on the first day.

The objections follow the SEC exemption's own process, which required venues to notify issuers about their plans and gave companies 30 days to object. Bloomberg reported that OKXICE's ambitions to include blue chips such as McDonald's, Coca-Cola and JPMorgan Chase were thwarted after the companies objected. MABOnChain reported on October 22 that Wells Fargo, Arm and Intuit had also objected to tokenized shares on the venue.

Nasdaq has warned that trading across disconnected platforms could fragment liquidity, Cointelegraph reported, a caution that will be tested from the first day of trading if the venue's pools are thin.

Not an exchange, not SEC-approved

The announcement carries a limit that matters for anyone reading it as a regulatory green light. OKXICE said the venue is offered under a temporary SEC exemption, is not a registered exchange or broker-dealer, and is not approved by the SEC. The venue does not operate an order book, does not extend credit and does not conduct primary offerings, according to the November 5 notice cited by Bitcoin Magazine.

That framing puts OKXICE in a different category from a listing venue. It is a permissioned trading venue operating under a time-limited exemption, and its survival depends on the exemption holding and on issuers staying on board. The companies that objected cannot be listed, and the launch lineup is built from the issuers that chose to participate, led by crypto-native firms and fund managers rather than the blue chips the venture first targeted.

A $3.88 billion market that keeps growing

The launch lands in a tokenized-stocks market that is small but growing fast. The distributed value of tokenized stocks and ETFs reached $3.88 billion on November 11, up 13.4% over 30 days, Cointelegraph reported. OKXICE is not the only venue chasing it: the New York Stock Exchange itself picked Avalanche ($AVAX) on November 9 as the settlement ledger for its planned 24/7 tokenized-stock platform, a separate project MABOnChain reported the same day.

What happens on November 23 will answer the practical questions the announcement leaves open: how many of the 70-plus assets actually trade on day one, how much liquidity the automated market maker pools hold at the open, and whether investors use a venue that trades around the clock but outside the exchanges where the underlying shares change hands. OKX and ICE did not say how many assets will trade on the first day, or how much liquidity the pools will have, Bitcoin Magazine reported.

For now, the facts are the date, the lineup and the split: a joint venture between the world's largest stock exchange group and a major crypto exchange opens in twelve days, with crypto firms and fund managers on board, and most of corporate America on the record against it.

Sources

• OKX, Digital Securities are Coming to OKXICE TSV, with 70+ Assets to be Listed, November 11, 2026 (primary source: trading begins November 23 for eligible U.S. customers around the clock in the OKX app; more than 70 assets including securities from Better.com, BitGo, Circle, Coinbase, Robinhood, Securitize and Strategy, plus 59 Direxion ETFs; Strategy will also list its preferred stocks; OKXICE is a joint venture between OKX and Intercontinental Exchange (ICE), parent of the New York Stock Exchange; launch under the SEC's Innovation Exemption; automated market maker pools built on Uniswap v4 on X Layer, OKX's Ethereum layer-2 network; Securitize provides tokenization infrastructure; each token represents a security entitlement backed one-to-one by an underlying U.S. share, with dividends, voting rights and corporate actions; customers hold digital securities in self-custodial wallets; OKXICE holds neither assets nor private keys; access for eligible U.S.-based OKX Inc. customers with an activated CeDeFi Wallet and identity verification; quotes from Andrew M. Cuomo, Trabue Bland, Kash Razzaghi, Douglas Yones, Carlos Domingo and Phong Le; venue is not a registered exchange or broker-dealer and is not approved by the SEC; published 13:00 UTC)
• Bitcoin Magazine, ICE And OKX Set Nov. 23 Tokenized Stock Launch After 67 Companies Opt Out, November 11, 2026 (secondary source: OKX and ICE will open their tokenized stock venue on November 23, offering more than 70 assets under a temporary SEC exemption even as 67 companies, including Apple, Tesla and Meta, have objected; lineup includes Better.com, BitGo, Circle, Coinbase, Robinhood, Securitize and Strategy plus 59 Direxion ETFs; Strategy will also list preferred stocks such as STRC; access limited to eligible U.S. customers of OKX Inc. with a CeDeFi Wallet, identity checks and onboarding; trading runs through automated market maker pools built on Uniswap v4 on X Layer; Securitize provides tokenization infrastructure; venue is not a registered exchange or broker-dealer and is not approved by the SEC; no word on how many assets trade on day one or how much liquidity pools will have; venue does not operate an order book, extend credit or conduct primary offerings; November 5 public notice lists 67 objecting issuers including Apple, Amazon, Tesla, Meta, Netflix, Nvidia, Microsoft, JPMorgan, Goldman Sachs, Costco, Nike and Home Depot; SEC five-year Innovation Exemption issued September 17; SEC exemption page lists OKXICE TSV notice of intent on October 4)
• Cointelegraph via TradingView News, OKXICE moves ahead with tokenized stocks as blue chips push back, November 11, 2026 (secondary source: OKX and ICE to launch tokenized stock trading on November 23 despite objections from 67 companies and warnings from Nasdaq that trading across disconnected platforms could fragment liquidity; venue operates under the SEC's temporary Innovation Exemption with round-the-clock trading for eligible U.S. customers; distributed value of tokenized stocks and ETFs reached $3.88 billion on November 11, up 13.4% over 30 days; Andrew Cuomo said investors would have the same rights, protections and ownership that come with the underlying shares; lineup of more than 70 assets including 59 ETFs and tokenized shares of Coinbase, Circle, BitGo, Robinhood and Strategy)
• Dow Jones via TradingView News, NYSE Affiliate to Launch 24/7 Tokenized Stock Trading This Month, November 11, 2026 (secondary source: Intercontinental Exchange and OKX to launch a round-the-clock tokenized stock-trading platform in less than two weeks; OKXICE said starting November 23, eligible U.S. customers will be able to trade tokenized versions of more than 70 assets, including Coinbase and Robinhood stock, along with Direxion ETFs; SEC paved a path for tokenized U.S. stock trading in September when it started granting exemptions; OKXICE filed for an exemption less than a month later)
• Bloomberg via Moneyweb, Crypto's bid to shake up stock trading revs up despite backlash, November 11, 2026 (secondary source: OKXICE plans to launch November 23 with more than 70 digital assets tied to stocks and ETFs, though not all available at the start; of 62 companies originally targeted, 56 objected, leaving six without disclosed objections including Coinbase, Strategy and Robinhood Markets; ambitions to include McDonald's, Coca-Cola and JPMorgan Chase were thwarted after the companies objected; venue plans to offer 59 ETFs from Direxion)

This article is news reporting and is not investment advice.