After weeks of rejections from much of corporate America, OKX and ICE’s tokenized stock venue has found its launch lineup among crypto’s own public companies. OKXICE — the joint venture between crypto exchange OKX and NYSE owner Intercontinental Exchange — said Wednesday that its Tokenized Securities Venue will open on Nov. 23, letting eligible U.S. customers trade tokenized securities around the clock inside the OKX app. Around-the-clock availability is the venue’s headline feature, since tokenized shares can change hands when conventional equity markets, which operate on fixed daily sessions, are closed.

More than 70 assets are expected to be listed at launch, including securities from Coinbase, Circle, Robinhood, Strategy, BitGo, Securitize and Better.com, alongside 59 ETFs from asset manager Direxion. Strategy will also list its preferred stocks.

The lineup represents a very different roster from the one the venue started with. As of OKXICE’s Nov. 5 notice, 67 companies — including every member of the “Magnificent Seven” tech giants — had objected to having their shares traded on the platform. Coinbase, Robinhood and Strategy were notably absent from that list, and all three are now among the venue’s launch issuers. The split shows how much issuer consent, not just regulatory approval, will determine which stocks reach tokenized markets.

“The SEC has created a real opening for American markets to lead the next era of finance,” said former New York Gov. Andrew Cuomo, who co-chairs OKXICE, according to OKX’s official launch announcement.

Securitize will provide the tokenization infrastructure. According to the announcement, each token represents an entitlement backed one-for-one by a real U.S. share, carrying dividends, voting rights and other shareholder benefits. Trading will run through automated market maker pools built on Uniswap v4 and deployed on X Layer, OKX’s Ethereum layer-2 network, and customers will hold their tokens in self-custodial wallets — a design that pairs decentralized exchange rails with brokerage-style shareholder rights.

Strategy CEO Phong Le called tokenization on the venue “a natural next step” for the company’s preferred stocks, such as STRC.

Access is limited to eligible U.S.-based OKX customers, who must activate a CeDeFi Wallet, pass identity verification and complete onboarding with OKXICE. The venue operates under the SEC’s innovation exemption, a framework the agency unveiled in September after the Clarity Act failed to advance in the Senate. Under the exemption, companies can keep third-party tokenized versions of their stock off a given venue by objecting within 30 days — the same mechanism behind the 67 objections logged in OKXICE’s November notice, and one that could keep reshaping the listings roster after launch.

The launch caps a busy stretch for Wall Street tokenization efforts. DTCC, the markets’ central clearinghouse, rolled out a new tokenization service in late October that runs partly on the Canton Network, and Morgan Stanley said it was among the first banks to use it. With tokenization efforts now running at both the trading-venue and clearinghouse levels, whether more issuers follow the objectors’ path or sign on like Coinbase, Robinhood and Strategy did will be an early measure of how the innovation exemption works in practice.

Source: Decrypt