OKXICE to Launch 70 Tokenized US Stocks Despite 67 Major Opt-Outs

- OKXICE debuts Nov. 23, 2026, offering 24/7 trading of tokenized US stocks under SEC’s five-year “innovation exemption” - 67 prominent companies, including the Magnificent Seven, have objected and will not be listed at launch 2026-11-11 On November 11, 2026, The Block reported that OKXICE—a joint venture between crypto exchange OKX and Intercontinental Exchange, the parent of the New York Stock Exchange—will launch its tokenized securities venue (TSV) on November 23, 2026. The outlet stated that the platform will enable round-the-clock trading of on-chain, tokenized versions of US-listed equities and will operate under a five-year regulatory “innovation exemption” that the US Securities and Exchange Commission (SEC) granted in September 2026. Under this exemption, OKXICE can list tokenized shares without registering as a national securities exchange; however, it must give companies advance notice and allow 30 days for them to file objections, and if a company objects, OKXICE must exclude its shares. According to The Block on November 11, 2026, at least 67 US companies have formally objected, and the list includes all members of the Magnificent Seven (Apple, Microsoft, Amazon, Nvidia, Alphabet, Meta, Tesla). In addition, MLQ News reported that several major Wall Street firms have raised strong concerns about the SEC’s exemption, while Fortune confirmed that firms such as Nasdaq and Goldman Sachs have criticized the framework. These firms have argued that the model could create potential confusion for investors, complicate shareholder recordkeeping, and increase risks related to liquidity, pricing, and volatility, and as a result, shares from the objecting companies will not be available on OKXICE at launch. Meanwhile, The Block noted that despite the opposition, OKXICE will offer more than 70 assets at launch. These will consist primarily of stocks of US crypto-sector companies and related exchange-traded funds (ETFs), and the initial lineup will include shares of Coinbase, Robinhood, BitGo, Circle, Securitize, and several crypto-linked ETFs. According to the same report, every tokenized stock will be backed one-to-one by a real share held with a regulated broker-dealer, and users will be able to hold and trade these tokens directly in their wallets against stablecoins, 24/7. The Block further reported that the SEC’s “innovation exemption” is effective until September 2031 and marks the first time a US venue can offer permissioned, on-chain stock trading outside traditional registered exchanges. This milestone comes amid heightened tensions between crypto innovators and established Wall Street players, as the two sides continue to clash over market structure and regulatory priorities. According to the latest market data cited by The Block on November 11, 2026, at 15:10 UTC, OKB (OKB) is trading at $98.909, up 2.091%.