- OKX and Intercontinental Exchange plan to launch a tokenized securities venue for eligible U.S. investors on Nov. 23, 2026.
- The platform will offer more than 70 tokenized assets at launch, including 59 Direxion exchange-traded funds.
- Trading will be available around the clock through automated market maker liquidity pools on the X Layer network.
- As of Nov. 5, 56 of the 62 companies on the initial list had objected to the inclusion of tokenized versions of their securities on the venue.
Crypto exchange OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange, plan to launch the OKXICE Tokenized Securities Venue on Nov. 23, 2026. The platform will allow eligible U.S. investors to trade tokenized securities around the clock.
OKX and ICE announced that the venue will offer more than 70 assets at launch. They will include tokenized shares of Coinbase, Circle, Robinhood, Strategy, BitGo and other companies, along with 59 Direxion exchange-traded funds.
Trading and custody
According to OKX representatives, the platform was created under the U.S. Securities and Exchange Commission’s temporary Innovation Exemption.
Trading will take place through automated market maker liquidity pools based on Uniswap v4 and operating on the X Layer network. Securitize will provide the tokenization technology infrastructure.
Each token will be backed one-to-one by the corresponding share. Token holders will receive the economic and corporate rights attached to the underlying securities, including dividends and voting participation.
The assets will be held in users’ non-custodial wallets. Users must complete identity verification and register on the platform to gain access.
Companies object to inclusion
The initiative has faced opposition from several major corporations. Some U.S. companies previously objected to the inclusion of their tokenized shares for trading on OKXICE.
The number of objecting issuers subsequently increased. As of Nov. 5, 2026, 56 of the 62 companies on the initial list had raised objections, including Microsoft, Alphabet, JPMorgan Chase and Nvidia.
The objections concerned the trading of tokenized versions of the companies’ securities on this specific venue and did not necessarily constitute opposition to tokenization technology as a whole.
Circle, Strategy and Direxion confirmed their participation in the launch. The platform will be available only to eligible users in the United States.
Source: Incrypted
