Crypto Balloon

OKXICE’s tokenized-securities plan meets corporate and exchange resistance

In a report published on November 11, 2026, at 21:06:26 (UTC+08:00), BlockBeats said OKXICE—a joint venture between OKX and New York Stock Exchange parent ICE—planned to launch its tokenized-securities trading venue on November 23. The report described it as one of the first projects under the SEC’s five-year “innovation exemption” framework.

According to BlockBeats, OKXICE had confirmed 70 tokenized assets, including assets from issuers Coinbase, Circle and Robinhood, as well as 59 ETFs. US users would need to complete onboarding and trade through its CeDeFi wallet.

The planned lineup did not mean every company welcomed trading in its tokenized shares. BlockBeats reported that, as of November 5, 67 companies—including Meta, Tesla, Netflix and Costco—had exercised an opt-out. It said some companies, such as Applied Optoelectronics, worried that tokenization could confuse investors about their involvement and affect share prices and liquidity.

Nasdaq also opposed the exemption framework, according to the report. Its chief legal officer argued that allowing tokenized securities to trade outside the regulated National Market System could undermine market-data and transparency arrangements and fragment the market. Nasdaq decided to exclude its own shares from the venue.

The distinction is between an announced asset lineup and issuer acceptance: the reported opt-outs and objections limit what the launch plan alone can establish.

Original report: BlockBeats