OKX and ICE to Launch Tokenized Trading for 60 U.S. Stocks

OKXICE, a joint venture between OKX and NYSE owner ICE, plans to offer 60 tokenized U.S. stocks including Nvidia and Apple on the XLayer blockchain.

OKXICE, a joint venture between the cryptocurrency exchange OKX and Intercontinental Exchange (ICE)—the parent company of the NYSE—has filed a regulatory application outlining plans to offer more than 60 U.S. stocks in tokenized form. The announcement was made on October 5, 2026.

The list featured in the OKXICE filing includes tech giants like Nvidia, Tesla, Apple, Microsoft, Amazon, and Alphabet, alongside crypto-native firms such as Coinbase, Circle, Robinhood, MicroStrategy, and Securitize. Other major names on the list include JPMorgan, Goldman Sachs, Walmart, Netflix, Reddit, and Boeing.

How the Market Will Function

According to the filing, the underlying shares will be held by a licensed broker-dealer at a strict one-to-one ratio: every single Nvidia token will be backed by one actual share of Nvidia stock. Token holders will retain standard shareholder rights, including the receipt of dividends and voting privileges.

Trading will utilize Automated Market Maker (AMM) liquidity pools rather than a traditional order book, running on the OKX-developed XLayer blockchain with Uniswap infrastructure. Transactions will be settled using stablecoins such as USDC, USDT, and USDG. This market is designed to operate 24/7, remaining active through nights and weekends. Investors must undergo mandatory identity verification and anti-money laundering (AML) checks, as anonymous trading will not be permitted.

Not Every Listing Is Guaranteed

Inclusion in the regulatory document does not guarantee that every stock will eventually be traded; companies have a 30-day window to object to their inclusion. The filing notes that Cerebras has already requested that its shares be excluded from the platform.

The SEC’s regulatory approval is currently set for a five-year term rather than being a permanent framework. Analysts at TD Securities suggested this temporary status might deter large financial institutions from integrating their systems with a market where the regulatory foundations could shift in the future.