OKXICE notifies SEC of planned tokenized US stock trading venue under innovation exemption

According to The Block, OKXICE—the joint venture formed by OKX and the parent company of the NYSE—has notified the U.S. Securities and Exchange Commission that it intends to launch a tokenized securities trading venue using the SEC’s innovation exemption.

The notification indicates the entity plans to operate a platform where U.S. stocks can be traded through tokens, without specifying product details, timeline, or regulatory approvals beyond reliance on the innovation pathway.

OKXICE derives from OKX, a cryptocurrency exchange operator, and ICE, the owner of the New York Stock Exchange. The joint venture aims to integrate tokenization capabilities into a venue for U.S. equity trading under current regulatory frameworks.

Under the innovation exemption, certain experimental offerings may proceed while still subject to ongoing SEC review and reporting obligations. The notice reflects a formal submission rather than a public launch announcement.