OKXICE Targets U.S. Tokenised Securities Market With SEC Innovation Exemption Filing

• OKXICE has filed with the SEC under the agency’s new Innovation Exemption to launch a Tokenised Securities Venue in the United States.
• The filing puts OKXICE among the first firms to formally seek approval under the exemption.

OKXICE LLC, a joint venture between crypto exchange OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange, filed with the SEC under the agency’s new Innovation Exemption to launch a Tokenised Securities Venue in the United States.

The filing makes OKXICE one of the first firms to formally pursue approval under the exemption, which the SEC introduced after comprehensive crypto legislation backed by President Trump failed to advance in the Senate. The exemption clears the way for blockchain-based securities to trade on U.S. crypto venues under specific conditions.

Moreover, ICE took a stake in OKX in March in a deal that valued the crypto firm at $25 billion. Former New York Governor Andrew Cuomo, co-chair of OKXICE, announced the filing on X, describing it as a landmark step toward a genuinely global, 24/7 Wall Street.

What the Filing Actually Covers?

The initial lineup targets tokenised shares of 63 NYSE-listed companies, with issuers given 30 days to opt out before trading in their stock can begin. The platform is designed for round-the-clock trading and faster on-chain settlement, with dividend and voting rights preserved, a requirement under the SEC’s new framework. Also, no shareholder benefits are stripped in the process.