OKX is moving deeper into the convergence of cryptocurrency and traditional finance after its joint venture with Intercontinental Exchange, the parent company of the New York Stock Exchange, filed with the US Securities and Exchange Commission to launch a tokenised securities trading platform. According to Reuters, OKXICE LLC submitted the filing on Sunday for a venue that would allow around the clock trading of tokenised US stocks, potentially covering more than 60 listed companies. Bloomberg reports that the initial application includes 63 NYSE listed companies, while the proposed platform would operate using blockchain infrastructure and seek approval under the SEC’s new innovation exemption for tokenised securities.
The proposed platform marks a significant expansion of OKX’s existing tokenised stock business. The crypto exchange already offers more than 40 tokenised US stocks and exchange traded funds to customers in selected markets across Asia, the CIS, the Middle East and Türkiye, with trading available around the clock. However, OKX’s existing products are not currently available to US or European customers and do not represent direct ownership or shareholder rights in the underlying companies. The new US initiative would place the OKXICE venture within a developing regulatory framework that could allow tokenised versions of US listed securities to trade through blockchain based venues. The Block reports that potential names include Nvidia, Apple, Microsoft, Amazon, Tesla, JPMorgan Chase, Walmart, Netflix, Coinbase and SpaceX, among others.
The filing reflects a broader transformation of global capital markets as exchanges, banks and digital asset companies explore blockchain based settlement and 24 hour trading. Reuters reports that the NYSE, Nasdaq and London Stock Exchange are also preparing initiatives aimed at extending stock market access beyond traditional trading hours. For OKX and ICE, the partnership combines OKX’s digital asset infrastructure with ICE’s established market technology and could create a bridge between cryptocurrency markets and conventional equities. The companies will still require regulatory clearance before the platform can begin operating, while eligible issuers would have a 30 day period to opt out under the current framework. OKXICE co chair Andrew Cuomo described the initiative as a step towards a “truly global, 24/7 Wall Street”, underscoring the wider push to make traditional financial markets continuously accessible through digital infrastructure.
