Updated: OKXICE Plans 24/7 Trading of Tokenized U.S. Stocks
According to multiple media reports, the OKXICE joint venture published a notice regarding a planned platform for round-the-clock trading of tokenized U.S. stocks. However, this is neither an individual SEC approval nor a confirmed service launch.
OKXICE tokenized stocks are part of a planned platform for round-the-clock trading of U.S. securities. Reuters reported on October 5 that the OKXICE joint venture filed a notice with the U.S. Securities and Exchange Commission (SEC) regarding the service’s launch. Decrypt also reported on a notice dated October 4. The platform is supposed to operate 24 hours a day, seven days a week, under the SEC’s Innovation Exemption.
The new information represents a more concrete step than earlier reports about the project’s regulatory plans. However, it does not mean that trading is already underway or that the SEC has individually approved the OKXICE platform. The Innovation Exemption issued by the SEC on September 17, 2026, is a general temporary conditional exemption for qualifying platforms referred to as Tokenized Securities Venues.
OKXICE tokenized stocks are expected to include more than 60 securities
According to Reuters and CoinDesk, the proposed scope covers more than 60 U.S. stocks. However, the final list of companies, the exact number of tokenized stocks, and their availability if the platform launches have not been independently confirmed.
Earlier information cited 63 securities and exclusively NYSE-listed stocks. Current reporting does not confirm this precise scope. The examples mentioned include companies traded on Nasdaq, so there is no basis for claiming that all tokenized securities will be listed only on the New York Stock Exchange.
The SEC’s publicly available materials reviewed also did not contain a separate OKXICE filing or its file number. Reuters and CoinDesk refer to a notice addressed to the SEC, while Decrypt reports a published notice from the joint venture. A publicly verifiable full version of the document should clarify the service’s specific scope and technical setup.
Innovation Exemption is not an individual SEC authorization
The Innovation Exemption is a temporary conditional exemption intended for platforms that meet the SEC’s requirements for trading tokenized securities. Under the SEC’s order, the framework remains in effect, provided its conditions are met, until September 17, 2031. It is not an individual approval of a specific company or its product.
A basic requirement is preserving the same rights held by the owner of the corresponding traditional stock. The SEC expressly lists dividend and voting rights among them. A tokenized instrument therefore should not merely be a product that tracks the price of the underlying stock without the rights associated with its ownership.
The rules also cover situations in which tokenization is handled by an independent third party. The platform must notify the issuer in writing, and 30 calendar days must pass before trading begins. During this period, the issuer may object to the tokenization. CoinDesk reported that this process also applies to OKXICE’s plan.
Launch date and service parameters remain unknown
OKXICE has not yet publicly confirmed a commercial launch date, the group of eligible users, or the liquidity of the planned market. Specific solutions for token custody and trade settlement also remain unknown.
Decrypt’s information about an objection by Cerebras has also not been independently confirmed, as no primary statement from the issuer is available. The final list of securities may therefore still change, particularly after the objection periods for the companies concerned end.
The next important developments will be whether a publicly verifiable filing or complete OKXICE notice appears and whether ICE, OKX, the SEC, or the issuers themselves provide official statements. The service’s actual operation will be confirmed only when trading begins in compliance with the conditions of the Innovation Exemption.
Sources
- U.S. Securities and Exchange Commission – Confirms the conditional five-year exemption for Tokenized Securities Venues, the requirement to preserve token holders’ equal rights, and notification to issuers.
- SEC – Release No. 34-106402 – Defines the TSV framework and states that the exemption applies, subject to the conditions, until September 17, 2031.
- Reuters – Reports that OKXICE filed a notice with the SEC on Sunday regarding a platform for round-the-clock trading of U.S. stocks and that it is expected to cover more than 60 securities.
- CoinDesk – Corroborates the SEC notice, the planned 24/7 operation, the scope of more than 60 securities, and the 30-day period for issuer objections.
- Decrypt – Reports the OKXICE notice published on October 4, the planned round-the-clock operation, and the reported list of securities.
Verified and updated: 10/05/2026 15:24
