Intercontinental Exchange and OKX launch tokenized stock trading venue through joint venture

The company that owns the New York Stock Exchange has a new business partner, and it trades crypto around the clock.

Intercontinental Exchange (ICE) and crypto exchange OKX launched a 50/50 joint venture called OKXICE on June 22, 2026. The goal is to build infrastructure for tokenized financial products. Put simply, the plan is to make traditional assets tradable on blockchain rails.

What OKXICE is actually building

The venture plans to give OKX users access to futures from ICE and tokenized equities linked to the NYSE. That access depends on regulatory approvals. OKXICE is pursuing registration as a broker-dealer and as a futures commission merchant.

Those two labels matter. A broker-dealer handles securities trades for customers. A futures commission merchant does the same job for futures contracts.

The centerpiece is the Tokenized Securities Venue, or TSV. It is set to launch on November 23, 2026, at 9 a.m. ET.

The TSV is designed to support 24/7 trading of more than 70 tokenized assets. The lineup includes shares of Coinbase and Robinhood, along with 59 Direxion ETFs.

Trading will run through permissioned Uniswap v4 automated market maker pools on X Layer, OKX’s Ethereum layer 2 network.

The tokens themselves will be issued by Securitize on a 1:1 basis. Each token is meant to represent one unit of the underlying asset. Users can hold the tokens in their own wallets and trade them against stablecoins such as USDC.

The pushback from the companies being tokenized

A total of 67 issuers filed objections to the TSV by November 5. The list includes Apple and Amazon. The objections were raised under the SEC’s Innovation Exemption and aimed to narrow the range of assets offered at launch.

A partnership with history

The joint venture did not appear out of nowhere. ICE made a strategic investment in OKX in March 2026 at a $25 billion valuation.

What this means for traders, exchanges, and regulators

The inclusion of Coinbase and Robinhood shares in the opening lineup is a notable detail. Two companies that built businesses around making markets more accessible will now trade on a venue trying to do the same thing to them.

The key dates to track are straightforward. The TSV is scheduled to go live on November 23. The broker-dealer and futures commission merchant approvals will determine how far beyond that initial venue OKXICE can go. And the response from those 67 issuers will hint at whether corporate America views tokenization as an opportunity or an intrusion.