OKX–ICE venture tells SEC it will launch tokenized U.S. stock trading

OKXICE, the joint venture between crypto exchange OKX and Intercontinental Exchange — the parent of the New York Stock Exchange — has notified the SEC that it intends to open a tokenized securities trading venue, according to The Block, which reviewed a notice dated Sunday, October 4.

The platform would offer permissioned, on-chain trading of tokenized U.S.-listed stocks on OKX's "X layer," covering more than 60 companies. Per the notice, issuers would get 30 days to opt out. The Block reported the named stocks include Nvidia, Apple, Microsoft, Amazon, Tesla, JPMorgan Chase, Walmart, Netflix, Coca-Cola, Goldman Sachs, Boeing, Cisco, IBM, Coinbase, Robinhood, Palantir, AMD, Circle, Reddit, and SpaceX — the last of which is privately held, not U.S.-listed.

The filing follows a move by the SEC last month to issue a five-year exemption letting certain venues trade tokenized versions of U.S.-listed stocks without registering as exchanges. OKXICE says it is proceeding under that "innovation exemption."

Key facts

• JV between OKX and ICE (NYSE parent) notified the SEC of plans for a tokenized stock venue; notice dated Sun, Oct 4, 2026 (The Block).
• Permissioned, on-chain trading on OKX's "X layer," covering 60-plus U.S.-listed companies; issuers get 30 days to opt out (The Block, citing the OKX notice).
• Proceeds under an SEC five-year exemption, issued last month, that waives exchange registration for tokenized-stock venues (The Block).
• SpaceX appears on the named list despite not being publicly traded (The Block).

The real-world read This is a notice of intent, not a live product — nothing is trading yet, and a regulatory exemption is not the same as an approved, operating venue. The specifics come from a single secondary report (The Block) that reviewed OKX's own notice; the underlying SEC filing wasn't independently quoted, and there's no indication any of the named issuers have agreed to participate — the "30 days to opt out" structure is opt-out, meaning companies are enrolled unless they object. The stock list itself is inconsistent even within The Block's account: a short list and a longer list differ, and SpaceX's inclusion sits oddly in a venue described as trading "U.S.-listed" stocks, since SpaceX is private.

The quotes are pure positioning and should be read as such. OKXICE cochair Andrew Cuomo — the former New York governor — called it "a landmark step toward a truly global, 24/7 Wall Street," and OKX CEO Star Xu said tokenization could make markets "more open, seamless and always available" with "full shareholder rights." Those are the venture's principals selling their own launch; whether tokenholders actually get full shareholder rights, and how custody and settlement work, isn't spelled out in what's been disclosed.

Opinion, and whose Cuomo (OKXICE) frames the venture as keeping "the future of digital finance anchored here in the United States." Xu (OKX) predicts tokenization makes public markets more open and always-available. Both are interested parties promoting their own platform; neither claim is established fact.

Sources

• The Block (reputable secondary), Oct 5, 2026 — reported the SEC notice, the stock list, the X-layer and opt-out mechanics, the SEC exemption, and the Cuomo and Xu statements, which it said were shared with The Block. The executive quotes are the venture's own promotional statements.

This is news coverage, not financial advice.