Cryptocurrency exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), have announced plans to launch the tokenized securities trading platform of their joint venture, OKXICE, on November 23, 2026. According to the companies' announcement on November 11, preparations have been completed for trading more than 70 assets on the platform. Shares of companies such as Coinbase, Circle, Strategy, and Robinhood, along with 59 exchange-traded funds (ETFs), are included in the new system. The platform will operate under a five-year innovation exemption granted by the U.S. Securities and Exchange Commission (SEC).
Which Stocks Will Be Traded on the OKXICE Platform?
The list announced by OKXICE includes shares of publicly traded companies connected to the cryptocurrency industry.
Coinbase, Circle, Strategy, Robinhood, BitGo, Securitize, and Better.com are among the companies included in the announcement.
Both common and preferred shares of Strategy are expected to be added to the platform.
In addition, asset management company Direxion will bring 59 ETF products to the tokenized trading platform.
The companies announced that more than 70 assets have been verified for inclusion on the platform.
However, not all assets are expected to become available for trading when the platform launches on November 23.
According to CoinDesk, the new platform will operate on X Layer, OKX's Ethereum layer-2 network.
Transactions will be executed through Uniswap v4 liquidity pools.
Securitize will provide the tokenization infrastructure.
Will Investor Rights Be Protected in Tokenized Stocks?
Under the model announced by OKXICE, tokenized securities will represent legal rights associated with the underlying shares.
The platform aims to preserve investors' rights, including dividend payments, voting rights, and participation in corporate activities.
Initially, access will be limited to eligible U.S. customers who have completed the required identity verification and customer onboarding procedures.
Tokenized assets will be held in cryptocurrency wallets controlled directly by users.
OKXICE stated that it will not take custody of customers' assets or private keys.
This structure introduces a different operating model from centralized custody services.
Objections From Major Companies Draw Attention
Preparations for the platform's launch come at a time when regulatory debates surrounding tokenized stocks continue.
According to CoinDesk, 56 of the 62 companies initially selected by OKXICE objected to having their shares tokenized.
The total number of objections reached 67.
Companies that raised objections include Apple, Microsoft, Nvidia, Amazon, Tesla, and JPMorgan Chase.
The SEC's regulatory framework allows stock issuers to object to tokenization arrangements under certain conditions.
As a result, OKXICE revised the list of assets it initially planned to make available for trading.
Kriptofoni Assessment
OKXICE's announced November 23 launch target represents a development that could strengthen the position of tokenized securities in traditional financial markets.
In particular, the framework designed to preserve investor rights, such as dividend entitlements and voting rights, is significant for the legal status of tokenized stocks.
However, objections from major companies demonstrate that tokenization involves not only technological considerations but also regulatory and corporate challenges.
The platform's success will become clearer as trading volumes, investor demand, and the positions taken by issuing companies become more apparent.
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Disclaimer: This content is for informational purposes only and is not investment advice. Cryptocurrencies are high-risk; make investment decisions based on your own research.
Content Editor and Writer
Dr. Mesut İnan is a researcher, academic and crypto journalist who has been producing content about cryptocurrencies since 2018. He brings a different perspective to the industry by combining his expertise in sociology with the cryptocurrency ecosystem. Before joining Kriptofoni as co-founder, content editor and writer, İnan worked for several cryptocurrency media platforms: he was an editor and writer at Kriptokoin from 2018 to 2023 and at COINTURK from 2023 to 2024. İnan made a valuable contribution to the ecosystem with his book on Bitcoin, "Bitcoin Sen Bizim Her Şeyimizsin" (Bitcoin, You Are Our Everything). Alongside his academic background, his regular analyses, news and commentary have made him one of the well-known names in cryptocurrency journalism in Turkey. İnan continues his work as a writer and educator and remains a prominent expert voice in the cryptocurrency field.
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