OKX and NYSE Owner ICE Plan 24/7 Tokenized Stock Trading Under SEC Exemption
OKXICE, the joint venture between crypto exchange OKX and New York Stock Exchange owner Intercontinental Exchange (ICE), has notified the SEC that it plans to launch a round-the-clock trading venue for tokenized U.S. stocks, co-chair Andrew Cuomo said in a tweet Monday. The venture published a >notice dated October 4 under the SEC's "Innovation Exemption," which since September 17 has allowed qualifying venues to trade tokenized stocks without registering as exchanges. OKXICE will operate 24 hours a day, seven days a week, the notice says. 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.… — Andrew Cuomo (@andrewcuomo) October 5, 2026 The SEC does not approve venues individually. A firm that meets the exemption's conditions notifies the agency and can then operate under it, subject to those conditions. Cuomo, a former New York governor, called the filing "a landmark step toward a truly global, 24/7 Wall Street." The notice lists Nvidia, Tesla, Apple, Microsoft and SpaceX, alongside crypto-linked firms Coinbase, Circle, Strategy, Robinhood, BitGo and Securitize. Each tokenized stock will trade in a pair with one of three stablecoins: USDC, USDG or Tether's USDT. In June, an OKX spokesperson told Fortune the venture would focus on tokenizing NYSE-listed equities. Nvidia, Tesla, Apple and Microsoft all list on the Nasdaq. Chipmaker Cerebras Systems has alre
AI Analysis:
Disclaimer: This information is from public sources for reference only. Traceless does not guarantee accuracy.