OKX and NYSE Owner ICE File for 24/7 Tokenized Stock Trading Venue
Image: The Daily HodlCrypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE) filed SEC paperwork for a 24/7 tokenized stock trading venue via their joint venture OKXICE. The proposed platform would list more than 60 NYSE-listed stocks including Nvidia, Tesla, Apple, Microsoft and Amazon for around-the-clock trading on OKX's XLayer blockchain. Trading would use automated market maker pools for token and stablecoin trades.
Key points
- OKX and NYSE owner ICE filed SEC paperwork for a 24/7 tokenized stock trading venue
- The proposed trading venue would operate 24/7 on OKX's XLayer blockchain
- Trading on the platform would use automated market maker pools for token and stablecoin trades
Why it matters
The proposal would give investors around-the-clock access to tokenized versions of major US stocks, a feature not available on traditional US stock exchanges. It marks one of the first large-scale US trials of tokenized equity trading.
What's unclear
SEC approval status for the proposed OKXICE trading venue is not disclosed
No target launch date for the platform is mentioned in either report
Sources · 2 publishers
The Daily Hodl
Tier 2
NVIDIA, Tesla, SpaceX and Microsoft Among 60+ Stocks Set To Be Tokenized and Available 24/7 Under Proposal From OKX and Intercontinental Exchange
Coverage timeline
- First reported by CoinCentral
- Confirmed by The Daily Hodl
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
