The US Securities and Exchange Commission has been notified of plans for a tokenised securities trading venue by OKXICE, a joint venture between cryptocurrency exchange OKX and Intercontinental Exchange, the parent firm of the New York Stock Exchange.

The proposed platform would offer more than 60 US-listed companies for 24-hour trading on X Layer. Apple, Microsoft, Tesla, and NVIDIA are among the companies mentioned. The plan is in line with the SEC's Innovation Exemption, which permits tokenised equities to be traded on-chain.

OKXICE Targets More Than 60 US Stocks

More than 60 US-listed companies would be present at the proposed site, adding well-known Wall Street names to blockchain infrastructure. Along with JPMorgan Chase, Walmart, Netflix, Coca-Cola, Goldman Sachs, Boeing, Cisco, IBM, Apple, Microsoft, Amazon, Tesla, and NVIDIA, the list also contains these companies.

Major tech and cryptocurrency companies, such as Coinbase, Robinhood, Palantir, AMD, Circle, Reddit, and SpaceX, are also included on the planned list. Trading would occur on OKX's X Layer blockchain, which aims to be a permissioned on-chain market.

With this filing, OKX's tokenised stock activity has significantly increased. In a few foreign regions, OKX currently provides Unified Tokenised Stocks. These products cover brands like Apple, NVIDIA, and Tesla and enable 24-hour trading.

SEC Exemption Opens the Door for Onchain Trading

The proposal follows the SEC's September 17 notice of its Innovation Exemption. Under certain restrictions, the temporary framework permits eligible Tokenised Securities Venues to trade tokenised NMS stocks without registering as conventional exchanges. Five years following publication, the relief is scheduled to expire.

According to the framework, holders of tokenised stocks traded on these platforms must have the same rights and benefits as those of the equivalent traditional shares. This includes the ability to vote and collect dividends.

Additionally, when a third party tokenises an underlying stock, the SEC mandates that venues notify issuers. Before the tokenised security is made accessible for trading, issuers must be given a chance to object. Additionally, the venue's smart contracts must be public, auditable, and disseminated on a public permissionless ledger.

Issuers Get 30 Days to Object

Companies whose stocks are included in the planned venue have 30 days to opt out under the proposed OKXICE process. If an issuer objects under the SEC framework, trading cannot continue. Companies now have a direct chance to determine whether or not their securities should be offered on the new tokenised market.

Additionally, the framework distinguishes between synthetic exposure and tokenised trading. In particular, qualifying tokenised NMS stocks must have the same rights and privileges as regular securities, not just follow their values, according to the SEC's framework.

Former New York governor and co-chair of OKXICE Andrew Cuomo called the effort a historic step toward a global Wall Street that operates around the clock. His remarks directly address the main goal of the project, which is to increase access to US equities markets outside of regular business hours.

Today we are announcing a major step forward for OKXICE, the joint venture between @okx and Intercontinental Exchange, parent company of @NYSE:

OKXICE has notified the SEC that we intend to launch our Tokenized Securities Venue (TSV) under the SEC’s new Innovation Exemption.

Our notice includes more than 60 companies listed on U.S. stock exchanges.

This is a landmark step toward a truly global, 24/7 Wall Street — and toward keeping the future of digital finance anchored here in the United States.

The digital asset revolution is already transforming our financial system. Tokenized securities are part of what comes next.

And we’re just getting started.

https://t.co/VGPPPXafXJ

— Andrew Cuomo (@andrewcuomo) October 5, 2026

Thus, the plan combines the blockchain technology of OKX with ICE's link to the conventional US stock market. More than 60 well-known US stocks may receive a new authorised on-chain trading route with ongoing market access if the proposed venue is approved.

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