# OKX and Intercontinental Exchange Seek SEC Approval to Trade Tokenized Shares of 63 NYSE Companies Around the Clock

The joint venture, OKXICE, filed under a five-year Securities and Exchange Commission (SEC) exemption. The exemption requires tokens to carry real dividends and voting rights, and it lets issuers opt out.

- Published: 2026-10-05T05:06:07.059Z
- Canonical: https://polylog.news/2026-10-05/okx-and-intercontinental-exchange-seek-sec-approval-to-trade
- Publisher: Polylog (Global desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/10/05/okx-and-nyse-s-owner-file-for-round-the-clock-tokenized-trading-in-u-s-stocks), [Cointelegraph](https://cointelegraph.com/news/okx-nyse-parent-file-to-launch-tokenized-us-stock-platform), [TechFlow](https://www.techflowpost.com/en-US/article/34370)

OKXICE, a joint venture between the crypto exchange OKX and Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), has [filed to launch round-the-clock trading of tokenized US stocks](https://www.coindesk.com/markets/2026/10/05/okx-and-nyse-s-owner-file-for-round-the-clock-tokenized-trading-in-u-s-stocks). The venture has filed to use the SEC's new innovation exemption. Cointelegraph reported that the October 4 filing seeks to [tokenize and trade shares of 63 NYSE-listed companies](https://cointelegraph.com/news/okx-nyse-parent-file-to-launch-tokenized-us-stock-platform) at the start.

The SEC introduced the exemption on September 17. It runs for five years, until September 17, 2031, and allows qualified venues to trade tokenized versions of listed stocks on a blockchain. The rules require that [tokens carry real shareholder rights, including dividends and voting](https://www.techflowpost.com/en-US/article/34370). That requirement separates this model from the offshore "stock tokens" that crypto exchanges sold earlier. Issuers can ask to be excluded, and a 30-day objection period applies before trading begins. The venture's statement called the filing a step toward ["a truly global, 24/7 Wall Street"](https://cointelegraph.com/news/okx-nyse-parent-file-to-launch-tokenized-us-stock-platform) based in the United States.

The filing comes during a weak period for crypto prices. CoinDCX's weekly market note said bitcoin [slipped this month, with $82,000 as the level traders were watching](https://coindcx.com/blog/price-predictions/bitcoin-price-weekly/), after a brief move into the $85,000 range that reversed when Treasury yields rose. Bitcoin's moves follow bond yields more closely than they follow gold, which held steady near $4,140.

## What this means

The SEC's exemption lets Intercontinental Exchange (ICE), the owner of the NYSE, bring equity trading onto crypto networks under US jurisdiction. That shifts round-the-clock trading volume and global retail customers from offshore venues to US-regulated entities. Offshore tokenized-stock platforms and non-US exchanges that have sold synthetic US shares lose market share. ICE and broker-dealers with global reach gain. Holders of crypto tokens should note that the regulated route rewards infrastructure owners rather than native tokens. A precedent shows the risk of the alternative. In 2021, German and British regulators shut down the tokenized stocks sold by Binance and FTX because those tokens did not carry real shareholder rights. The likelier outcome within months is approval for a limited set of large companies, followed by competing filings from Nasdaq and major crypto exchanges. A large number of issuers opting out during the 30-day window would block that path. Approval would also extend Washington's reach over global investors, because overseas customers would trade US stocks on platforms subject to US law.

## What to watch

- Which of the 63 companies object during the 30-day window. Many objections would limit the product before launch.
- Competing filings by Nasdaq, Coinbase or Robinhood under the same exemption. Several filings would show that tokenized trading is becoming a standard part of the US market.
- Bitcoin's response to the next move in Treasury yields. Continued sensitivity would confirm that it trades on liquidity conditions rather than alongside gold.