Intercontinental Exchange and OKX launch tokenized stock trading venue through joint venture
Intercontinental Exchange (ICE) and crypto exchange OKX have launched OKXICE, a 50/50 joint venture building infrastructure for tokenized financial products.
The company that owns the New York Stock Exchange has partnered with a crypto exchange to create a new venture for tokenized financial products. Intercontinental Exchange (ICE) and OKX launched OKXICE on June 22, 2026, with the goal of making traditional assets tradable on blockchain rails.
Tokenized Securities Venue
The centerpiece is the Tokenized Securities Venue (TSV), scheduled to launch November 23, 2026, at 9 a.m. ET. It will support 24/7 trading of over 70 tokenized assets, including Coinbase and Robinhood shares, along with 59 Direxion ETFs.
Trading will occur through permissioned Uniswap v4 automated market maker pools on X Layer, OKX's Ethereum layer 2 network. Tokens will be issued by Securitize on a 1:1 basis, with each representing one unit of the underlying asset.
Regulatory Hurdles
OKXICE is pursuing registration as a broker-dealer and futures commission merchant. By November 5, 67 issuers including Apple and Amazon had filed objections under the SEC's Innovation Exemption, aiming to limit the range of assets offered at launch.
Strategic Partnership
The joint venture builds on ICE's strategic investment in OKX in March 2026 at a $25 billion valuation. The TSV launch and regulatory approvals will determine how far OKXICE can expand beyond its initial offerings.
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