OKXICE Tokenized Securities Venue (TSV) launch for eligible U.S. customers
OKXICE, the joint venture of the crypto exchange OKX and NYSE parent Intercontinental Exchange (ICE), plans to open its Tokenized Securities Venue (TSV) for trading at 9 a.m. ET on November 23, 2026. The venue runs on OKX's X Layer network, and OKB is the coin linked to the event.
What is happening
The TSV will offer 24/7 trading of tokenized U.S. securities. Trading takes place through automated market maker pools on Uniswap v4, deployed on X Layer, the Ethereum layer-2 chain operated by OKX. Only approved wallets can trade or add liquidity, and buyers keep the tokens in their own wallets rather than with the venture.
The venture says it has confirmed more than 70 assets, although a representative noted that not all of them may trade on November 23. Named issuers include Better.com, BitGo, Circle, Coinbase, Robinhood, Securitize and Strategy, which will also list its preferred stocks. Direxion is adding 59 exchange-traded funds. Securitize provides the tokenization infrastructure.
Each token is a "security entitlement" backed one-for-one by a U.S. share and recorded on the tokenizer's books. According to the venture, holders keep shareholder rights such as dividends, voting and participation in corporate actions. At launch, access is limited to eligible U.S. customers of OKX Inc. who pass know-your-customer checks, set up the required OKX wallet and onboard with OKXICE.
The venue operates under the Innovation Exemption, a five-year SEC order issued on September 17 that allows such venues to trade tokenized stocks without registering as exchanges. Before listing a stock tokenized by an unaffiliated third party, a venue must give the issuer written notice and a chance to object. The venture's public notice of November 5 lists 67 issuers that had submitted objections by that date, including Apple, Amazon, Tesla, Meta and Goldman Sachs.
Why it matters
The launch is one of the first live tests of a regulated framework for trading tokenized equities on a public blockchain, backed by a major traditional exchange operator. ICE invested in OKX at a $25 billion valuation in March, and the joint venture was formed in June.
For holders of OKB and users of X Layer, the venue adds a new category of onchain activity tied to the ecosystem. Traders may want to follow which assets actually become tradable on day one, how liquidity develops in the Uniswap v4 pools, and whether the objections filed by some issuers affect the final asset list. Access restrictions to eligible U.S. customers also limit the initial audience.
Key details
- Date: November 23, 2026, 9 a.m. ET (14:00 in the event's listed time)
- Project: OKXICE (OKX and Intercontinental Exchange)
- Coins: OKB
- Category: Product Release
- Status: Confirmed
- Source: OKX (okx.com/en-us/learn/okxice-tsv-launch); Unchained (unchainedcrypto.com)