OKXICE, a joint venture between crypto exchange OKX and the parent of the NYSE, files with the U.S. Securities and Exchange Commission to launch a tokenized U.S. stock trading venue designed to operate 24/7. The filing indicates the venue would use the SEC’s “innovation exemption,” a regulatory pathway intended to support new market infrastructure.

Both outlets report that the company has notified the SEC of its intent, framing the proposal as a trading venue for tokenized securities rather than a spot crypto product. CoinDesk and The Block describe the same planned approach and the same regulator-facing process, but they emphasize slightly different wording—CoinDesk highlights the planned 24/7 nature of trading, while The Block focuses on the goal of creating a tokenized securities venue under the innovation exemption.

The filings signal that the project is in an early regulatory phase, with the SEC review process remaining a key next step before any launch.