This article is based on Tyler Warner’s Morning Minute, published on November 12, 2026, at 21:06 UTC+8. The venue launch described below was still planned at the time of that report.
OKXICE planned to launch a tokenized-stock venue on November 23 despite objections from companies whose shares it had sought to tokenize. Warner reported that the number of companies objecting rose from 22 in October to 67 in a November 5 notice, including all seven members of the “Magnificent Seven.”
Warner attributed that outcome to a September SEC innovation exemption that, as he described it, lets venues trade tokenized versions of US stocks while allowing a company to block a third party from minting tokens of its shares by objecting in writing within 30 days. His account of the exemption and the objections should be distinguished from the venue’s actual launch, which had not yet occurred.
What the planned venue would include: More than 70 assets, 59 of them Direxion ETFs. The seven individual stocks named in the report were Coinbase, Circle, Robinhood, Strategy, BitGo, Securitize and Better.com; Strategy also planned to tokenize its preferred shares. According to Warner, Securitize would handle tokenization, with each token backed one-for-one by a share and carrying dividend and voting rights. Trading would use Uniswap v4 pools on X Layer, OKX’s Ethereum layer-2.
The report also described a different route for tokenized securities: issuer-sponsored tokens supported by transfer agents. Warner said the NYSE had selected Avalanche for clearing and settlement on a proposed 24/7 platform, targeting a fourth-quarter launch, and had signed agreements with Broadridge, Computershare, Equiniti and Superstate. He reported that a DTCC tokenization service had gone live on Canton Network on October 28. Those developments do not establish how investors will respond to OKXICE’s planned launch.