Current outcome
OKX has filed with the SEC to outline a 24/7 trading framework for 63 tokenized stocks on its platform, advancing its push into tokenized equity products.
Progress timeline
15 material updates- #01
Why a new SEC plan could ease a legal headache for tokenized securities
A new SEC plan could remove legal obstacles to holding tokenized securities, potentially easing compliance burdens and unlocking broader institutional adoption of on-chain equities and debt.
Source evidence: CoinDesk
- #02
SEC rolls out long-awaited 'innovation exemption' for tokenized securities venues
The SEC issued a blanket 5-year innovation exemption permitting tokenized securities venues to list and trade tokenized securities without registering as exchanges.
State after update: The SEC has issued a 5-year innovation exemption allowing tokenized securities venues to list and trade without exchange registration.
Source evidence: CoinDesk
- #03
It’s here — SEC releases long-awaited innovation exemption to ‘bring America’s capital markets into the digital age’
The SEC released its long-awaited innovation exemption, framing it as a response to the Senate's inability to pass crypto legislation.
Source evidence: The Block · Cointelegraph · TradingView · 조선일보 · Decrypt · TradingView · The News International · CoinDesk · CoinDesk · CryptoSlate · CoinDesk
- #04
Coinbase and Circle Stocks Gain 5% as SEC Opens a Five-Year Tokenized-Stock Lane - ts2.tech
The SEC has opened a five-year regulatory pathway for tokenized stocks, sending Coinbase and Circle shares up 5%.
Source evidence: ts2.tech · Yahoo Finance Australia · CoinDesk · CryptoSlate · CoinDesk · Cointelegraph · Decrypt · NewsCord · Crypto News
- #05
CFTC chair pushes tokenization as SEC opens door to onchain stocks
CFTC Chair Michael Selig told the US Treasury Market Conference that financial markets should prepare for 'mass tokenization' of real-world assets with near-instant settlement, as the SEC simultaneously moves toward permitting onchain stocks despite the CLARITY Act setback.
Source evidence: Cointelegraph
- #06
Bullish, Alpaca and Apex Fintech form coalition to push issuer-backed tokenized stocks
Bullish, Alpaca and Apex Fintech launched a coalition to promote issuer-backed tokenized stocks that tie onchain shares directly to official shareholder records, following the SEC's innovation exemption for tokenized equity trading.
Source evidence: CoinDesk
- #07
OKX, NYSE Parent ICE Seek US Tokenized Stock Trading Platform, Starting With 63 Shares
OKX and Intercontinental Exchange, the NYSE's parent company, are pursuing a US tokenized stock trading platform that would initially cover 63 equities.
Source evidence: bloomingbit · Crypto Briefing · Coin Gabbar · Cryptonews.net · CoinDesk · 深潮TechFlow · theblockbeats · Cointelegraph · londoninsider.co.uk
- #08
【OKX 向 SEC 提交申请，拟推出代币化股票交易平台】
Added details: the filing entity is OKXICE LLC, the OKX–ICE joint venture; initial coverage is 63 NYSE-listed companies; the application relies on the SEC's interim exemptive framework for blockchain-based securities; issuers may opt out within 30 days before trading starts; tokens must carry full dividend and voting rights; platform launch depends on the 30-day opt-out period ending and other requirements being met.
State after update: OKX, through its joint venture with ICE, OKXICE LLC, has filed with the US SEC to offer tokenized trading in 63 NYSE-listed stocks under the interim exemptive framework; issuers may opt out within 30 days before launch, and the platform launch depends on the opt-out period ending and other requirements being met.
Source evidence: foresightnews · wublockchainenglish · The Block · Reuters · FinanceFeeds · Crypto News · Bloomberg.com
- #09
OKX Rushes Into Tokenized US Stocks: Will First-Mover Status Pay Off?
OKX is pushing into tokenized US stock trading, and the article weighs whether being an early mover in on-chain equities gives it a durable edge over rival exchanges.
Source evidence: BeInCrypto
- #10
INSTITUTIONAL | NYSE and OKX File for 24/7 Tokenised U.S Stock Trading
NYSE and OKX have jointly filed to offer 24/7 tokenised U.S. stock trading, advancing the convergence of traditional equity markets and crypto-native 24-hour trading infrastructure.
Source evidence: BitKE · TronWeekly
- #11
OKX and ICE Plan 24/7 Tokenized Stock Platform as El Salvador Gets $138M IMF Boost
OKX and ICE are reportedly planning a 24/7 tokenized stock trading platform, alongside news of a $138M IMF-related boost for El Salvador.
Source evidence: Altcoin Buzz
- #12
OKX and NYSE Owner ICE Plan 24/7 Tokenized Stock Trading Under SEC Exemption
Cerebras Systems has lodged an issuer objection to OKXICE's proposed tokenized stock venue; the notice further specifies that tokenized equities will trade in pairs against USDC, USDG, or USDT and via permissioned Uniswap v4 liquidity pools on XLayer gated by non-transferable soulbound tokens.
State after update: OKXICE has notified the SEC of plans to launch a 24/7 tokenized U.S. stock trading venue initially covering more than 60 U.S.-listed companies under the SEC's Innovation Exemption; the notice lists names including Nvidia, Tesla, Apple, Microsoft, and SpaceX, and says tokens will trade in pairs with USDC, USDG, or USDT through permissioned Uniswap v4 pools on XLayer using soulbound-token-gated wallets; Cerebras Systems has lodged an issuer objection, meaning its shares could not trade there if the objection stands. Launch remains subject to regulatory steps including the 30-day issuer objection period.
Source evidence: Decrypt · The Defiant
- #13
NYSE owner and OKX plan 24/7 tokenized stock trading using Uniswap
ICE and OKX's joint venture OKXICE told the SEC it plans to launch a 24/7 tokenized US securities venue supporting 63 stocks including Nvidia, Tesla, Apple, Microsoft, Coinbase and Circle under the regulator's Innovation Exemption.
Source evidence: CryptoSlate · CryptoRank · LeapRate · https://genfinity.io/
- #14
Wall Street Never Sleeps: ICE and OKX Plot 24/7 Tokenized Stock Trading
ICE, the parent company of the New York Stock Exchange, and crypto exchange OKX are reportedly planning to offer 24/7 tokenized stock trading, combining traditional exchange infrastructure with crypto-native continuous markets. The reported collaboration is described as early-stage and has not been confirmed. The reported tie-up would connect the operator of the NYSE with a crypto-native trading venue, a notable convergence of traditional exchange infrastructure and digital-asset markets. Any concrete effect depends on whether the plans advance beyond the reported early stage. The reports remain unconfirmed by ICE or OKX, and no launch date, product structure or regulatory approvals were detailed. ICE operates 13 regulated exchanges and six clearing houses and owns ICE Digital Trust, a digital asset custody business; OKX began in 2013 as the exchange Okcoin.
Source evidence: Bitcoin News
- #15
SEC Filing Outlines 24/7 Plan for 63 OKX Tokenized Stocks
OKX has filed with the SEC to outline a 24/7 trading framework for 63 tokenized stocks on its platform, advancing its push into tokenized equity products.
Source evidence: Tokenist · CryptoNinjas · The Asian Banker