Cryptobbt

NYSE owner and OKX to trade 70+ tokenised stocks from 23 November

Why it matters

Most big US companies refused to let outsiders turn their shares into tokens, so this launch goes ahead without names like Apple or Nvidia. Brokers planning similar products now know many issuers will opt out when given the choice.

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The short version

A trading venue run by OKX, a crypto exchange, and ICE, the owner of the New York Stock Exchange, will start round-the-clock trading of digital versions of more than 70 shares and funds on 23 November, CoinDesk reported on 11 November 2026. Most of the large companies first proposed, including Apple and Microsoft, asked to be left out.

Here's what happened. OKXICE, the joint venture between crypto exchange OKX and NYSE owner Intercontinental Exchange, will open trading on 23 Nov, CoinDesk reported. It will list more than 70 assets, including shares in Coinbase, Circle, Robinhood and Strategy, plus 59 funds from Direxion.

Not everything will be ready on day one, a spokesperson told CoinDesk. And the list is shorter than planned. Under the SEC's rules, a company has 30 days to object when an outside firm wants to turn its shares into tokens. Of the 62 companies in the original plan, 56 objected, by CoinDesk's count. Apple, Microsoft, Nvidia, Amazon, Tesla and JPMorgan Chase all opted out.

How does it work? Trades run through automated pools on X Layer, OKX's own blockchain network, with Securitize creating the tokens. CoinDesk said the tokens keep dividend and voting rights, and customers hold them in their own wallets.

At first, only eligible US customers of OKX who have passed identity checks can trade. OKXICE is the second venue to launch under the SEC's five-year "innovation exemption" for token trading venues, after TSV.

Where this comes from

  1. OKXICE to debut tokenized stock trading with Strategy, Coinbase, Circle this month · CoinDesk

Written with AI from the sources above and checked against them before publishing. Here's how we work. This is news, not financial advice. Spotted a mistake? Tell us.

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