OKXICE LLC has notified the United States Securities and Exchange Commission (SEC) that it intends to launch a tokenized securities venue carrying 63 New York Stock Exchange (NYSE)-listed companies in its first wave. The notification was filed on Sunday, October 4, and reported the following day by COINOTAG.

OKXICE is a joint venture between OKX, one of the largest global cryptocurrency exchange operators, and Intercontinental Exchange (ICE), the U.S. financial markets group that owns the New York Stock Exchange, the world's largest equities exchange by market of listed companies. ICE has prior experience in digital assets: it created Bakkt, the digital-asset platform, in 2018. The structure pairs a crypto-native exchange operator with the owner of the very exchange whose listed companies would be tokenized, placing the proposal at the intersection of conventional U.S. equity market infrastructure and blockchain-based trading.

Tokenized securities are blockchain-based representations of traditional financial instruments, such as publicly traded shares. Proponents of tokenization point to potential benefits including faster settlement, fractional ownership, and extended trading availability, and the field has drawn participation from both crypto-native firms and established market operators. The settlement argument carries particular weight in U.S. equities, where trades currently settle on a T+1 schedule — a timeline the market only moved to from T+2 in May 2024. Interest in tokenized stocks has also grown alongside a wave of recent product launches: brokers and crypto exchanges such as Robinhood and Kraken have introduced tokenized stock offerings since mid-2025, though primarily for customers in Europe and other regions outside the United States. For a U.S. venue of this kind, the regulatory dimension is central — SEC leadership has emphasized that tokenized securities remain subject to federal securities laws, which is why a filing with the agency marks an early procedural step for the proposal.

According to the initial report, specific details — including which 63 NYSE-listed companies would appear in the first wave, a launch timeline, and the precise regulatory pathway for the proposed venue — were not disclosed. Those open points are the natural markers to watch as the proposal develops: the composition of the first wave would signal the offering's scope, the timeline would show how quickly the venture intends to move, and the regulatory pathway OKXICE ultimately pursues would determine how the venue fits within existing U.S. equity market rules.