OKXICE LLC filed with the US Securities and Exchange Commission on October 4, 2026, to launch an onchain securities platform. The entity operates as a 50-50 joint venture established in June between cryptocurrency exchange operator OKX and New York Stock Exchange parent Intercontinental Exchange.
The filing details plans to offer trading for 63 US-listed corporate equities, taking advantage of the conditional regulatory exemption. The proposed asset list includes high-volume tech companies such as Apple, Nvidia, Tesla and Microsoft, as well as crypto firms Strategy, Coinbase, Circle and Bitgo.
Execution via XLayer and Uniswap pools
According to the regulatory filing, the platform intends to maintain round-the-clock trading, operating 24 hours a day, seven days a week. Transactions will execute through permissioned Uniswap v4 liquidity pools deployed on XLayer, pairing each tokenized share against USDC, Tether (USDt) or Global Dollar (USDG).
Today we are announcing a major step forward for OKXICE, the joint venture between @okx and Intercontinental Exchange, parent company of @NYSE:
OKXICE has notified the SEC that we intend to launch our Tokenized Securities Venue (TSV) under the SEC’s new Innovation Exemption.… https://t.co/jP6K3O4W1R
— Andrew Cuomo (@andrewcuomo) October 5, 2026
Addressing the filing, OKXICE co-chair Andrew Cuomo shared statements emphasizing that digital assets are reshaping core market structures. Cuomo stated that tokenized shares represent the next logical phase in market infrastructure upgrades.
Specific operational mechanics and compliance controls are outlined in the official OKX filing document submitted to federal authorities. The filing identifies the clearing safeguards designed to satisfy federal requirements for National Market System instruments.
Regulatory exemption and market metrics
The venture’s formal application follows a September 2026 action in which the SEC granted conditional relief to selected onchain venues. Under this provision, licensed trading venues can facilitate trading of tokenized NMS stocks onchain through automated market makers with strict access permissions.
The SEC’s innovation framework requires platforms to enforce investor verification rules and operational redundancies identical to traditional exchanges. Consequently, secondary market trading remains restricted to permissioned liquidity environments rather than public decentralized finance protocols.
The institutional initiative coincides with elevated activity across digital asset networks. Earlier this year, broader investor participation pushed total sector valuation higher as the tokenized stocks market capitalization climbed to unprecedented levels in institutional custody.
The regulatory review process for OKXICE is ongoing, with no official timeline announced by the SEC for formal clearance.
This article is for informational purposes only and does not constitute financial advice.
