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OKXICE Sets Nov. 23 Launch for Tokenized Securities

The OKX and ICE venture plans to offer U.S. customers access to tokenized securities under a five-year SEC innovation exemption.

OKXICE Sets Nov. 23 Launch for Tokenized Securities
OKXICE Sets Nov. 23 Launch for Tokenized Securities

OKXICE plans to launch a tokenized securities trading venue on November 23, with 70 assets confirmed, including securities involving Coinbase, Circle and Robinhood and 59 exchange-traded funds.

The joint venture between OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange, plans to operate under the U.S. Securities and Exchange Commission's five-year Innovation Exemption.

Why it matters

The venture brings a major exchange operator and a crypto platform together in tokenized securities, a market that connects blockchain-based infrastructure with traditional financial instruments.

Market impact

The planned venue offers U.S. investors another route to tokenized securities. Customers must hold a CeDeFi Wallet and complete the account-opening process to use the service.

Frequently asked questions

  1. Who owns the OKXICE venture?

    OKXICE is a joint venture between OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange.

  2. How many assets and ETFs has OKXICE confirmed?

    OKXICE has confirmed 70 assets, including 59 exchange-traded funds.

  3. Which issuers are represented among the confirmed assets?

    The confirmed assets involve issuers including Coinbase, Circle and Robinhood.

  4. What do U.S. customers need to use the venue?

    U.S. customers must hold a CeDeFi Wallet and complete the account-opening process.

  5. What SEC framework will the venue operate under?

    OKXICE plans to operate the venue under the SEC's five-year Innovation Exemption.

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