OKXICE, the joint venture between crypto exchange OKX and Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, has notified the U.S. Securities and Exchange Commission (SEC) of its intention to launch a Tokenized Securities Venue (TSV) — an online platform that would give U.S. investors access to tokenized U.S. stocks traded on-chain.

The notification was filed under the SEC's new Innovation Exemption, a framework that serves as an interim system for on-chain trading of tokenized U.S. stock securities while longer-term rules are developed. According to the notice, the venue would cover more than 60 companies listed on U.S. stock exchanges, with the initial group reported to include 63 NYSE-listed stocks.

Andrew Cuomo, former governor of New York and co-chair of OKXICE, announced the filing in a post on X on October 5, 2026:

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. Our notice includes more than 60 companies listed on U.S. stock exchanges. This is a landmark step toward a truly global, 24/7 Wall Street — and toward keeping the future of digital finance anchored here in the United States. The digital asset revolution is already transforming our financial system. Tokenized securities are part of what comes next. And we’re just getting started.

— Andrew Cuomo (@andrewcuomo) October 5, 2026

Post source: Andrew Cuomo on X

A 63-Stock Launch Plan

Under the proposal, trading would take place on blockchain-based platforms, with conventional equities represented as tokens. Rather than building offshore crypto-style products outside U.S. jurisdiction, OKXICE is seeking to operate within U.S. securities regulation — an approach the company presents as a way to evaluate whether tokens can serve as suitable investment vehicles within existing securities markets.

The filing marks a notable shift for OKX, which has so far offered tokenized equity products to international users. By notifying the SEC instead of launching from an offshore base, the joint venture is positioning the venue as a domestically regulated alternative governed by U.S. law. That jurisdictional choice matters: it places the venue under U.S. investor-protection law rather than outside it.

Tokenization Goes Beyond Price Tracking

A defining feature of the plan is that tokenized securities issued through the venue would carry their own set of rights and privileges under SEC regulation. Holders would be entitled to dividend payments and voting rights, and qualified exchanges would be permitted to utilize approved automated markets and liquidity pools built around the tokens.

That regulatory treatment is central to the project. It separates regulated tokenized securities from blockchain-based products that merely give investors price exposure to stocks through tokens, without conveying the underlying shareholder rights. In other words, the dividing line is between holding a token that carries actual shareholder rights and one whose value simply mirrors a stock price.

OKX Brings Crypto Infrastructure to Wall Street

OKXICE combines OKX's digital asset technology with ICE's market infrastructure, with ICE serving as the parent company of the NYSE. That pairing gives the venture an institutional foundation that many crypto firms pursuing tokenized stocks have lacked, as most have launched such products independently of established exchange operators.

OKX already operates tokenized equity offerings on an international scale outside the United States. The new platform, however, is aimed specifically at markets with strong regulation, investor-protection laws, and enforceable shareholder rights. For the exchange, the venture represents an effort to anchor digital-asset innovation within the U.S. regulatory perimeter rather than outside it. In that respect, the collaboration brings blockchain infrastructure closer than ever to conventional U.S. equity markets.

The 24/7 Trading Model

Cuomo has framed the project as a step toward a truly global, round-the-clock Wall Street. Crypto markets trade continuously, 24 hours a day, seven days a week, while stock trading has traditionally been confined to set market days and business hours. Blockchain technology could link tokenized securities to traditional markets through a network in which the tokens trade on an exchange under their own rule set, rather than being detached from the underlying equities.

The initiative is not simply an effort to make stock trading resemble cryptocurrency trading. OKXICE's stated aim is to create an orderly marketplace for digital assets backed by real-world investments while preserving the ownership attached to those assets.

The SEC's September order provides temporary, conditional relief for the Tokenized Securities Venue and for liquidity providers operating under the framework. The relief allows on-chain stock trading to be tested on a limited basis while the regulator works toward implementing long-term rules for the sector. With the exemption acting as an interim bridge, the SEC's long-term rulemaking for tokenized securities is the process that will set the permanent framework for on-chain stock trading in the United States.

Source: Crypto Ninjas