SEC Approves 24/7 Tokenized Stock Trading on OKX and ICE
Key Summary
ICE and OKX have filed with the US Securities and Exchange Commission (SEC) to create a 24/7 platform for tokenized US stocks, with over 60 companies and trades settling through Uniswap v4. The platform will be owned 50-50 by ICE and OKX, with trades moving through Uniswap v4 liquidity pools on the Ethereum Layer 2 network, X Layer. Every tokenized stock is expected to have a real share behind it, held 1-to-1 through a FINRA-member broker-dealer. The platform is expected to be a significant development in the tokenized stock trading space, with potential implications for the broader cryptocurrency market.
Key Development
ICE and OKX submit a filing with the U.S. Securities and Exchange Commission (SEC) to create a 24/7 platform for tokenized U.S. stocks.
Mainstream Adoption
Tokenized stocks witnessed significant growth in June 2025, with various exchanges and platforms exploring ways to integrate them into mainstream markets.
Regulatory Approval
The SEC approved the filing, paving the way for the implementation of the 24/7 tokenized stock trading platform.