OKXICE Tokenized Stocks Platform to Launch November 23, With Some Assets Not Tradable on Day One

November 11: According to Bloomberg, OKXICE, the tokenized stocks platform jointly owned by OKX and Intercontinental Exchange (ICE), plans to launch on November 23, listing more than 70 digital assets linked to stocks and ETFs, though not all will be open for trading on the first day, including 59 ETFs from leveraged and inverse ETF issuer Direxion. Previously, McDonald's, Coca-Cola, JPMorgan Chase and other companies had opposed tokenized trading of their shares on the platform. Of the 62 companies OKXICE initially selected, 56 raised objections; only 6, including Coinbase, Strategy and Robinhood, did not disclose objections, and all of them are connected to the crypto industry; the total number of opposing companies now stands at 67. OKXICE co-chair and former New York Governor Andrew Cuomo said the market is evolving toward 7×24 trading, and consumer demand will drive companies to adapt to this new market structure.