{
  "id": 19549672,
  "title": "OKX and ICE's joint venture OKXICE plans to launch a US tokenized stock venue on November 23 and list 70+ assets; 56 of the 62 companies it targeted objected (Scott Patterson/Bloomberg)",
  "url": "https://urgent.news/2026/11/11/okx-and-ices-joint-venture-okxice-plans-to-launch-a-us-tokenized",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T21:00:13.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.bloomberg.com/news/articles/2026-11-11/crypto-s-bid-to-shake-up-stock-trading-revs-up-despite-backlash"
  },
  "original_language": "en",
  "account": null,
  "summary": "OKX and Intercontinental Exchange (ICE) joint venture OKXICE plans to launch a US tokenized stock venue on November 23. Operating under the SEC’s temporary Innovation Exemption, the platform will offer eligible US customers round-the-clock trading for blockchain-based tokens that represent company shares or track their prices. OKXICE expects to list more than 70 assets, which Cointelegraph reports will include 59 of Direxion’s ETFs and assets led by crypto companies such as Coinbase, Circle, Robinhood, and Strategy. CoinDesk notes the list will include Strategy’s common and preferred shares.\n\nThe launch faces opposition from several corporations. Cointelegraph reports that 67 companies objected to having their shares listed, including JPMorgan Chase, McDonald’s, SpaceX, and Coca-Cola. Bloomberg states that 56 of the 62 companies targeted for tokenized trading objected. Additionally, Nasdaq has warned that trading across disconnected platforms could fragment liquidity as the exchange pursues its own tokenized stock plans.\n\nAndrew Cuomo, the former New York governor and OKXICE co-chair, told Cointelegraph that investors would receive the same protections, rights, and ownership that come with the underlying shares. The distributed value of tokenized stocks and ETFs reached $3.88 billion on November 11, representing a 13.4% increase over 30 days, according to Cointelegraph.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "OKXICE to debut tokenized stock trading with Strategy, Coinbase, Circle this month",
        "url": "https://urgent.news/2026/11/11/okxice-to-debut-tokenized-stock-trading-with-strategy-coinbase-circle",
        "published": "2026-11-11T13:00:00.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "OKXICE to launch 24/7 trading in tokenized US securities",
        "url": "https://urgent.news/2026/11/11/okxice-to-launch-24-7-trading-in-tokenized-us-securities",
        "published": "2026-11-11T13:06:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}