OKXICE sets Nov 23 launch for tokenized stock venue under SEC exemption
The joint venture of OKX and NYSE parent Intercontinental Exchange has set a November 23 go-live for its tokenized securities venue, one of the first to run under the SEC's five-year innovation exemption introduced in September.
The exemption lets on-chain venues trade tokenized US stocks around the clock without registering as a traditional exchange. Access is limited to US customers with an OKX CeDeFi Wallet who have completed onboarding.
OKXICE has confirmed 70 assets from issuers including Coinbase, Circle and Robinhood, alongside 59 exchange-traded funds.
The launch comes as dozens of companies have used their right to opt out: 67 issuers had objected to tokenized trading of their shares by the Nov 5 filing, among them Tesla, Netflix, Home Depot and Costco. Nasdaq has also said it plans to opt its own stock out of such venues.