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      OKX Plans Tokenized Stock Trading Platform on X Layer

      OKX CEO Star has announced plans for the deployment of the OKXICE tokenized stock trading platform, with the TSV decentralized exchange (DEX) contract set to be launched on X Layer. This initiative marks a significant step as OKX aims to integrate tokenized stock trading into its offerings.

      The company has submitted an application to the U.S. Securities and Exchange Commission (SEC) to operate this platform, positioning itself as one of the first major cryptocurrency exchanges to leverage new U.S. regulations that permit the trading of digital versions of publicly traded company stocks on crypto platforms. This move is part of a joint venture between OKX and the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange.

      The planned tokenized stock trading services will initially cover 63 companies listed on the New York Stock Exchange. Under the SEC's new regulatory framework, issuers have a 30-day window to opt out, after which trading can begin. This development could potentially reshape the landscape of stock trading by merging traditional finance with cryptocurrency.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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