Traditional U.S. stock markets have limited trading hours, while on-chain markets can operate around the clock. OKXICE aims to connect these two systems.
OKX plans to launch the Tokenized Securities Venue on November 23, bringing tokenized securities to XLayer.
According to information disclosed so far, trades will be executed through Uniswap V4 liquidity pools on XLayer, with tokenization infrastructure provided by Securitize. The tokens are pegged 1:1 to their corresponding U.S. stocks, and holders can enjoy related shareholder rights, such as dividends and voting.
Another feature is self-custody: users can hold tokenized securities in their own wallets rather than relying entirely on traditional brokerage accounts.
However, the initial service will not be available to everyone. It is currently planned to open first to eligible U.S. OKX customers, who will also need to activate a CeDeFi wallet and complete registration and identity verification.
I think what is truly worth discussing here is not simply the addition of another tokenized U.S. stock, but whether compliant issuance, genuine securities rights, self-custody, and on-chain trading can form a complete cycle.
If these pieces can be connected seamlessly, traditional securities could gain the trading flexibility of on-chain assets. But the initial eligibility requirements, liquidity, and actual fulfillment of shareholder rights will still determine how far the product can go.
OKX plans to launch the Tokenized Securities Venue on November 23, bringing tokenized securities to XLayer.
According to information disclosed so far, trades will be executed through Uniswap V4 liquidity pools on XLayer, with tokenization infrastructure provided by Securitize. The tokens are pegged 1:1 to their corresponding U.S. stocks, and holders can enjoy related shareholder rights, such as dividends and voting.
Another feature is self-custody: users can hold tokenized securities in their own wallets rather than relying entirely on traditional brokerage accounts.
However, the initial service will not be available to everyone. It is currently planned to open first to eligible U.S. OKX customers, who will also need to activate a CeDeFi wallet and complete registration and identity verification.
I think what is truly worth discussing here is not simply the addition of another tokenized U.S. stock, but whether compliant issuance, genuine securities rights, self-custody, and on-chain trading can form a complete cycle.
If these pieces can be connected seamlessly, traditional securities could gain the trading flexibility of on-chain assets. But the initial eligibility requirements, liquidity, and actual fulfillment of shareholder rights will still determine how far the product can go.