OKX files with SEC to bring tokenized-stock trading to the US
Crypto Briefing 2026-10-05 01:58:54
Context: OKX, a cryptocurrency exchange, has filed with the US Securities and Exchange Commission to launch a tokenized-stock trading platform in the United States. The move comes after the SEC introduced a five-year Innovation Exemption on September 17, 2026, allowing qualified Tokenized Securities Venues to trade tokenized National Market System stocks on-chain. This development has the potential to open up the largest equity market in the world to OKX.
Key Facts
- OKX has filed with the US SEC to launch a tokenized-stock trading platform in the United States, according to a Bloomberg report.
- OKX's existing Unified Tokenized Stocks product line, launched on July 15-16, 2026, offers over 70 US stocks and ETFs, but is restricted under Regulation S and unavailable to US persons.
- The SEC's Innovation Exemption, introduced on September 17, 2026, allows qualified Tokenized Securities Venues to trade tokenized National Market System stocks on-chain, provided tokens preserve actual shareholder rights.
- OKX is also pursuing a joint venture with Intercontinental Exchange, the parent company of the NYSE, to offer tokenized NYSE equities once it secures US broker-dealer and futures commission merchant status.