OKX and NYSE owner ICE open 24/7 tokenized stock trading on November 23, with 70+ assets
OKX says its joint venture with Intercontinental Exchange, OKXICE, starts trading tokenized US securities around the clock on November 23 under a temporary SEC exemption. OKB rose about 5% from Tuesday noon to Wednesday morning ET.
Key points
- OKX said on November 11 that trading on the OKXICE Tokenized Securities Venue begins November 23, inside the OKX app, 24 hours a day.
- More than 70 assets are expected, including securities from Circle, Coinbase, Robinhood, BitGo and Strategy, plus 59 Direxion ETFs. Only eligible US customers of OKX Inc. can trade.
- OKB rose from $94.60 at 12 p.m. ET on November 10 to $99.42 at 9 a.m. ET on November 11, up 5.1%, CoinGecko data show. It was $98.04 at 12:43 a.m. ET on November 12, up 1.9% in 24 hours.
What OKX announced
On November 11, OKX published a launch page titled "Digital Securities are Coming to OKXICE TSV, with 70+ Assets to be Listed." TSV stands for Tokenized Securities Venue. OKXICE is a joint venture between OKX and Intercontinental Exchange (ICE), the company that owns the New York Stock Exchange.
OKX says trading starts on November 23 and runs around the clock. The page gives no start time. Users reach the venue inside the OKX app.
What will list
OKX expects more than 70 assets at launch. It names securities from Better.com, BitGo, Circle, Coinbase, Robinhood, Securitize and Strategy, and says Strategy will also list its preferred stocks. It adds 59 Direxion ETFs (exchange-traded funds, baskets of assets that trade like one share).
Securitize handles the tokenization. OKX says each token is a security entitlement backed one to one by an underlying US share. Customers keep the tokens in their own wallets, and OKX says the venue holds neither their assets nor their private keys (the secret codes that control a wallet).
Assets expected at OKXICE TSV launch
assets
Source: OKX, November 11, 2026
How it works and who can use it
Trades run through automated market maker pools, pools of tokens that set prices by formula, built on Uniswap v4 on X Layer, OKX's Ethereum layer 2 network. OKX says smart contracts limit trading and liquidity to approved wallets.
Only eligible US customers of OKX Inc. can join, after identity checks, activating a CeDeFi Wallet and onboarding with OKXICE. The venue runs under the SEC's Innovation Exemption. OKX's own disclaimer says OKXICE LLC operates under a temporary SEC exemption, is not a registered exchange or broker-dealer, and has not been approved by the SEC.
What OKB did
OKB is the token of the OKX exchange. CoinGecko hourly data show it at $94.60 at 12 p.m. ET on Tuesday, November 10, and $99.42 at 9 a.m. ET on Wednesday, November 11, a 5.1% rise. By 12:43 a.m. ET on November 12 it had eased to $98.04, up 1.9% in 24 hours, with a market value of about $2.06 billion. Price moves can have many causes, and the data do not show why traders bought.
LC Insight analysis
This section is our reading of the facts above, not a statement of fact.
- We think the key detail is the exemption. OKXICE runs as a test under SEC relief, not as a registered exchange, so its rules can still change.
- The likely early test is liquidity. Pool-based trading on a new chain can show wider price gaps than the stock market, most of all on weekends when the underlying shares do not trade.
- The named listings lean on crypto companies, Circle, Coinbase, Robinhood, BitGo and Strategy, so early users are likely crypto traders already in the OKX app.
What's next
- The exact start time on November 23 and the final asset list
- How closely token prices track the shares on weekends
- Any SEC change to the Innovation Exemption
Disclaimer. This article is based on public information and the sources listed below as of the update time shown. It is for information only and is not investment, legal or tax advice. Figures may change as companies and authorities publish new data.
Sources
- OKX, Digital Securities are Coming to OKXICE TSV, with 70+ Assets to be Listed (November 11, 2026, read November 12, 12:45 a.m. ET)
- CoinGecko, OKB price, 24-hour change and market value (read November 12, 2026, 12:43 a.m. ET)
- CoinGecko API, OKB two-day hourly prices (read November 12, 2026, 12:45 a.m. ET)
