OKX has submitted documentation to the U.S. Securities and Exchange Commission (SEC), planning to launch a tokenized U.S. stock trading platform, becoming one of the first major crypto trading platforms to leverage new U.S. regulations for such operations. The platform's operating entity, OKXICE LLC, is a joint venture between OKX and Intercontinental Exchange (ICE), and plans to initially offer tokenized stocks of 63 companies listed on the New York Stock Exchange (NYSE), with relevant issuers having the option to opt out within 30 days prior to the trading launch. Previously, ICE has acquired a stake in OKX and established a business partnership, with both parties integrating their technological resources. According to the SEC's temporary exemption rules, tokenized securities must include full shareholder rights. The platform's launch timeline will be determined after the 30-day opt-out period concludes and other requirements are fulfilled. Relevant executives stated that this model will support 24-hour global stock trading.
