OKX and ICE to Launch 24/7 Tokenized Stock Trading With Over 70 Assets

Summary

• OKX and ICE plan to launch round-the-clock tokenized securities trading, offering eligible American investors access to over 70 assets.
• The platform will use Uniswap v4 and Securitize infrastructure, providing one-to-one share backing, dividends, voting rights, and self-custodial wallets.
• Industry executives support the initiative, while eligible investors must complete identity verification, activate CeDeFi wallets, and satisfy onboarding requirements.

OKX and Intercontinental Exchange (ICE) plan to introduce round-the-clock tokenized stock trading for eligible American investors starting November 23. The joint venture, OKXICE, will launch its Tokenized Securities Venue (TSV), allowing investors to access digital securities through the OKX application.

According to the announcement, the platform expects to list more than 70 assets, including securities from Coinbase, Circle, Robinhood, and Strategy. Additional participating companies include BitGo, Better.com, and Securitize, alongside 59 Direxion exchange-traded funds covering different investment strategies.

Strategy will also list preferred securities, including STRC, expanding the investment products available through the blockchain-based platform. The venue plans to operate under the Securities and Exchange Commission’s Innovation Exemption, supporting permissioned trading of digital securities.

OKXICE to Introduce Uniswap V4 Trading Infrastructure

The platform will use automated market maker liquidity pools built on Uniswap v4 through X Layer, OKX’s Ethereum Layer 2 network. Unlike traditional exchanges, the infrastructure will support uninterrupted trading, while smart contracts restrict transactions and liquidity provision to eligible wallets.

Meanwhile, Securitize will provide tokenization infrastructure, ensuring each digital security represents an entitlement backed one-to-one by an underlying U.S. share. Investors will retain applicable shareholder rights, including dividends, voting privileges, and participation in corporate actions.

Additionally, customers will manage their securities through self-custodial wallets, maintaining direct control over their assets and private keys. OKXICE will not hold customer securities or private keys, separating trading operations from asset custody.

Financial Industry Leaders Support Tokenized Securities Launch

Several participating executives highlighted the platform’s potential to expand blockchain-based securities trading within established regulatory requirements. OKXICE co-chair Andrew Cuomo emphasized the importance of combining uninterrupted market access with investor protections and established financial standards.

Similarly, co-chair Trabue Bland highlighted the SEC Innovation Exemption as the framework supporting eligible investors’ access to tokenized securities. Circle executive Kash Razzaghi emphasized transparent trading rules, while Securitize CEO Carlos Domingo highlighted underlying shares and shareholder protections.

Strategy CEO Phong Le identified tokenization as another distribution channel for the company’s preferred securities. Eligible U.S. customers must activate a CeDeFi Wallet, complete identity verification, and satisfy OKXICE onboarding requirements before participating.

The November 23 launch will provide qualifying investors with access to tokenized securities, subject to geographic restrictions and eligibility requirements.