OKXICE to Launch Tokenized Stock Trading This Month Featuring Strategy, Coinbase, and Circle

Updated Nov 11, 2026, 8:09 a.m. EST Published Nov 11, 2026, 8:00 a.m. EST

2 min read

Summary

OKXICE, a collaborative partnership between OKX and Intercontinental Exchange, aims to launch 24/7 trading on November 23. The organization announced it has secured the listing of more than 70 tokenized financial instruments, including Coinbase, Circle, Strategy, and 59 exchange-traded funds from Direxion.
This roster arrives after pushback from 56 out of the 62 corporations first suggested, positioning OKXICE as the second platform to go live under the Securities and Exchange Commission’s five-year sandbox for blockchain-based security transactions.
Availability will restrict initially to qualified U.S. OKX users, who maintain their tokens within personal wallets while keeping full entitlements to payouts, voting privileges, and corporate events.

The alliance connecting digital asset platform OKX with NYSE parent Intercontinental Exchange (ICE) is set to roll out its distributed ledger securities marketplace this month, having locked in listings for Coinbase Global COIN $138.55, Circle Internet CRCL $68.54, Strategy MSTR $123.18, and multiple Direxion exchange-traded funds (ETFs) following a wave of corporate pushback.

The onchain equity trading platform is scheduled to open on November 23, according to an announcement by OKXICE on Wednesday. Over 70 assets have been verified for continuous round-the-clock trading, though a company representative noted that not all instruments will be accessible immediately upon launch.

The finalized roster additionally features Robinhood, BitGo, Securitize, and Better.com, with Strategy offering both its common and preferred shares. Fund manager Direxion, which manages $70 billion in capital, will introduce 59 ETFs to the platform.

This confirmed roster establishes an operational starting point following months of preparation that encountered widespread hesitation from major corporations originally included on the preliminary roster.

OKXICE becomes the second platform, following the Canton-based TSV earlier this month, to initiate operations under the U.S. Securities and Exchange Commission’s (SEC) five-year initiative designated as the “innovation exemption.” This framework permits the trading of tokenized equities over distributed ledger systems via automated market makers—software protocols that execute trades utilizing asset pools instead of traditional order book matching.

“The SEC has opened up a genuine pathway for American financial markets to spearhead the next phase of finance,” stated OKXICE co-chairman Andrew Cuomo in a press release.

A Different Roster

The updated lineup diverges significantly from the diverse combination of technology, financial, retail, and industrial entities that OKXICE originally envisioned.

Out of the 62 corporations featured on the initial draft, 56—representing roughly 90%—submitted formal objections, based on a tracking tally by CoinDesk. Total resistance reached 67 counts when including firms outside the preliminary roster, with major brands such as Apple, Microsoft, Nvidia, Amazon, Tesla, and JPMorgan Chase choosing to opt out.

The regulatory guidelines of the SEC grant issuers a 30-day window following receipt of notification to voice objections whenever an independent third party coordinates the tokenization process. These objections emphasize corporate caution regarding trading outside traditional exchange infrastructure, rather than an inherent opposition to the concept of tokenization itself.

The revised lineup focuses heavily on organizations already integrated within the digital asset ecosystem, complemented by the addition of Direxion’s funds.

“Our objective has consistently been to provide investors with precise instruments, delivered according to their preferences. As trading habits shift, we evolve alongside them,” remarked Direxion CEO Douglas Yones within the official statement.

Trading activities will operate utilizing Uniswap v4 liquidity pools deployed on X Layer, which serves as OKX’s Ethereum layer-2 scaling network. Securitize will supply the underlying tokenization architecture, where the issued tokens symbolize security entitlements linked to the underlying shares, thereby safeguarding shareholder privileges encompassing dividends, voting rights, and corporate event participation.

Market access will roll out initially for qualified U.S.-based customers of OKX Inc. who successfully finalize identity verification procedures and onboarding protocols. The securities will remain stored directly inside personal self-custody wallets belonging to the users. OKXICE emphasized that it will neither maintain custody of user assets nor hold their private keys.