Nvidia, Tesla and dozens of other U.S. stocks could soon trade around the clock on blockchain rails as OKX and NYSE owner Intercontinental Exchange move forward with a new tokenized-securities venue.
Their joint venture, OKXICE, has notified the SEC of plans to operate under the agency’s Innovation Exemption, which created a regulatory pathway for qualifying platforms to experiment with tokenized U.S.-listed securities.
The proposed venue covers more than 60 stocks, including Nvidia, Tesla, Apple, Microsoft, Amazon, AMD, Palantir, Coinbase, Robinhood, Circle and JPMorgan. The development pushes the emerging tokenized stocks market much closer to large-cap U.S. equities.
Nvidia and Tesla Could Trade Against Stablecoins
OKXICE plans to operate 24 hours a day, seven days a week, using permissioned liquidity pools on OKX’s X Layer blockchain rather than relying solely on the traditional exchange infrastructure used during regular Wall Street sessions.
Tokenized securities could trade against stablecoins including USDC, USDG and USDT, while participating wallets would have to satisfy identity, anti-money-laundering and sanctions requirements.
The proposal addresses one of the biggest limitations of conventional stock trading. U.S. equities still depend on interconnected brokers, clearing systems, banks and settlement infrastructure that do not all operate continuously.
Moving both the asset and settlement process onchain could reduce some of those constraints, allowing investors to trade Nvidia or Tesla exposure during nights, weekends and periods when major U.S. exchanges are closed.
SEC Rules Open the Door
The project is possible because the SEC recently created a five-year tokenization framework for qualifying venues.
Under that structure, tokenized securities must preserve rights attached to the underlying shares, while issuers receive notice and an opportunity to object before their stock is included.
That distinction matters because some offshore products provide synthetic exposure rather than direct shareholder rights.
Cerebras Systems has already objected to being included on OKXICE, showing that companies themselves can influence whether their shares enter the new market.
The development also fits into a broader push by ICE. NYSE is separately building an onchain venue designed around continuous trading, instant settlement and stablecoin funding.
