← The Polylog Crypto Intelligence Brief
Morning Edition · Monday, October 5, 2026Published at 1:31 AM EDT · New York
OKX and NYSE owner ICE file to trade 63 tokenized U.S. stocks around the clock on Uniswap v4 pools
The OKXICE joint venture would rely on the Securities and Exchange Commission's (SEC) new five-year innovation exemption, pass through dividends and voting rights, and run trading in permissioned pools on OKX's X Layer network.
OKXICE is a joint venture between the crypto exchange OKX and Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE). It has told the Securities and Exchange Commission (SEC) that it plans to run a venue for tokenized U.S. equities that trades 24 hours a day, seven days a week, CoinDesk reported. Bloomberg first reported the filing, according to Cointelegraph and Watcher Guru.
The first list covers 63 NYSE-listed companies. It includes Nvidia, Apple, Microsoft and Tesla, along with crypto-linked issuers such as Strategy, Coinbase, Circle and BitGo, Cointelegraph reported. Trading would take place in permissioned Uniswap v4 liquidity pools deployed on X Layer, a blockchain associated with OKX.
The filing relies on a new five-year SEC exemption for trading innovation. Under that route, a tokenized share must carry the same rights as the ordinary stock, including dividends and voting. TechFlow contrasted that requirement with the offshore model, in which stock tokens track a share price without conveying shareholder rights. The launch still needs further regulatory steps, including a 30-day period in which listed companies can object to the tokenization of their shares.
The design uses public-chain software but not open public access. A permissioned pool limits who can trade or supply liquidity. The venue therefore keeps the access controls of a regulated exchange and adds continuous settlement on a ledger. The closest on-chain competitor by deposits is Robinhood Chain. L2Beat data in today's market feed puts its total value secured (the value of assets held in its contracts) at $2.70 billion, down 2.5% over seven days. L2Beat classifies it as Stage 0, the category with the fewest protections for users against operator failure.
Veracity: Corroborated
82/100Part of a tracked trend
Tokenized Equities Push Onto Public Blockchains
Over 3-6 months, exchanges and banks accelerate moving real equities on-chain — tokenized stocks with on-chain dividends and composable trading — turning the contest over open vs. closed tokenization venues into a concrete product race.
Townsquare
Start a discussion in Townsquare.
More from this edition
- Zcash activates 25-second blocks on public testnet ahead of a November 5 mainnet target
- Aztec reopens private payments with transfer caps while a proving-system flaw in Alpha V5 stays unfixed
- Bitcoin Core closes a signing path that could let an attacker redirect a payment without stealing keys
- Uniswap v4 hook rebalancing flaw drains about $115,000 from GoldPesa on Base, and MALT loses treasury DAI on Polygon
- Binance will require Brazilian users to declare purpose and counterparty for cross-border crypto transfers from November 1
- Miden launches a private finance stack and puts its Bread wallet on testnet, with proofs generated on users' devices
- Zcash advocacy group registers its first Washington lobbyist as the CLARITY Act sits frozen through the election recess
Comments
1Oct 5, 5:31 AM · edited
Liquidity providers in these pools cannot hedge in the underlying NYSE shares on weekends, so expect wider effective spreads and thinner depth between the Friday close and the Monday open.