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OKX and NYSE Owner ICE vs. Nasdaq: Tokenized Stocks Due Nov. 23

2026-11-12

Crypto exchange OKX and Intercontinental Exchange (ICE), the company that owns the New York Stock Exchange, plan to start trading tokenized stocks on Nov. 23. Cointelegraph reported the plan on Nov. 11, 2026. The launch will be one of the first real uses of a new exemption from the SEC.

Nasdaq has warned that letting the same stocks trade on many different platforms could split liquidity between them. Nasdaq is also working on tokenized stock plans of its own, so the two biggest US stock exchange operators are now on competing paths.

The headline says large blue-chip companies are pushing back, but the available text does not say which companies they are or what they object to. It also does not say which stocks will be offered at launch, who will be able to trade them or what the trading terms will be.

For someone already holding a perpetual futures position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. The report does not mention perpetual contracts, funding rates, fees or crypto market liquidity. It also does not say whether OKX will list perpetual contracts on these tokenized stocks. Until that is announced, the cost of holding an existing position is unaffected.

Source: cointelegraph — OKXICE moves ahead with tokenized stocks as blue chips push back

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