OKXICE's SEC notice lists 63 stocks; Cerebras objects
OKXICE's October 4 notice tells the SEC it will offer 63 tokenised NMS stocks around the clock on XLayer. Cerebras has already filed an issuer objection.
OKXICE LLC has told the Securities and Exchange Commission (SEC) it intends to operate a tokenised securities venue, and the October 4, 2026 notice already records an issuer objection from Cerebras Systems Inc. The list is 63 symbols. Price in the pools is the asset ratio, not an oracle, and a second volume-cap breach pauses a name for three months. A longer session is not, by itself, a new price-discovery market.
The public notice says OKXICE LLC is a Texas limited liability company, owned 50% by Intercontinental Exchange Holdings, Inc. and 50% by OKC USA Holding Inc. Cointelegraph reported that the 50-50 venture was formed in June to build infrastructure for tokenised financial products. On October 5, co-chair Andrew Cuomo wrote that the notice covers more than 60 companies on US stock exchanges. The table names 63 tickers. Alphabet Inc. appears twice, as GOOGL and as GOOG, so symbols and issuers are not the same count.
NVIDIA, Apple, Microsoft, Tesla, Strategy Inc., Coinbase, Circle and BitGo sit on that list with JPMorgan Chase, Goldman Sachs and Walmart. Each tokenised National Market System (NMS) stock pairs with a payment stablecoin: USDC, Global Dollar (USDG) or USDT. Trading would run 24 hours a day, seven days a week, in permissioned Uniswap v4 automated market maker pools on XLayer. Only a wallet holding OKXICE's soulbound token may trade or add liquidity, and only OKXICE may create a pool.
The notice says OKXICE will not run an order book, hold customer assets, extend credit or conduct a primary offering. Contracts do not read an oracle. Massive.com supplies dollar values and halt messages, so a pool stops with the primary listing exchange. An unnamed tokenizer, through an SEC-registered broker-dealer and Financial Industry Regulatory Authority (FINRA) member, would hold one share per token, with the same dividends, votes and liquidation claim, and not as a synthetic. That is not the share-register model in the Bullish and Equiniti work, and it is separate from Coinbase's B20 tokenised stocks. OKXICE does not issue the tokens.
Cerebras Systems Inc. (CBRS) has already sent a notice of issuer objection. CBRS is not one of the 63 symbols, and the document does not say a name was removed. Commissioner Mark T. Uyeda, on September 17, 2026, described the Innovation Exemption as temporary relief for permissioned trading on Tokenized Securities Venues (TSVs). The SEC press release requires written notice and a chance to object before a third-party token is offered. CoinDesk reported a 30-day objection period inside a five-year exemption. The SEC said the exemptions expire five years after publication. OKXICE cites 91 Fed. Reg. 60168, dated September 22, 2026.
This is a landmark step toward a truly global, 24/7 Wall Street — and toward keeping the future of digital finance anchored here in the United States.
Andrew Cuomo, OKXICE co-chair, wrote that on X on October 5, 2026. He added that "the digital asset revolution is already transforming our financial system" and that "tokenized securities are part of what comes next." SEC Chairman Paul S. Atkins said the temporary exemption "would allow TSVs to trade tokenized NMS stock in a permissioned environment today while the Commission considers the need for additional action to facilitate onchain trading." Neither statement names OKXICE. The notice is a request to use the relief, not a grant of it.
The notice repeats the caps in our report on Release No. 34-106402. Limit Up-Limit Down Tier 1 allows 75 symbols and 0.25% of the prior month's average daily volume. Tier 2 allows 250 symbols and 2.5%. A second breach pauses that name for three months. If the 63 are Tier 1, they use most of the symbol budget. The notice does not mark each tier. Dollar prints of price, size, time and direction are due within 10 minutes.
OKX INC., an affiliate, does identity checks and surveillance. As of October 4, no OKXICE affiliate will supply liquidity, though an affiliate may trade its own account on the same terms as other users. The service fee is not negotiated. The venue is not registered with the SEC for this activity, the SEC has not passed on the disclosures, and Regulation NMS does not apply. Brokers on the pool still owe their own reports. What to watch is further issuer objections, any shortening of the 63, and whether liquidity appears inside a cap that is a thin share of cash volume.
This article is informational analysis only and is not financial, investment, or trading advice. Cryptocurrencies are highly volatile and can lose substantial value rapidly. Past performance and historical patterns do not guarantee future results. Do your own research and consult a regulated financial adviser before making any investment decision.
Reporting by Karthik Subramanian. Filed 5 October 2026, 07:19 GMT.
Digital Assets Correspondent
Karthik Subramanian is a founder, writer, and technology consultant with nine years in the crypto ecosystem.
