After roughly 90% of its target companies exercised regulatory vetoes to block third-party token trading, OKXICE has overhauled its launch roster, leaning heavily on leveraged ETFs and crypto-friendly names ahead of a planned November 23 debut.

The joint venture between crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE) announced over 70 assets for round-the-clock trading, including 59 Direxion ETFs and tokenised shares of Coinbase, Robinhood, and Circle, Reuters reported.

The offering marks a departure from the 63 blue-chip names originally proposed, underscoring how a SEC veto mechanism has given corporate boards power over blockchain secondary markets.

Initial access will be limited to eligible US OKX customers who complete onboarding and use self-custodial wallets.

The announcement follows objections from 56 of the 62 companies OKXICE originally selected, or about 90%, according to a CoinDesk tally. The venue’s November 5 public notice lists 67 objectors overall, including 11 companies outside that original selection.

Apple, Microsoft and JPMorgan Chase are among those that objected. All six companies from the original list without disclosed objections have ties to crypto.

However, those six do not define the entire planned offering. The proposed listings also include mortgage lender Better.com and preferred securities from Strategy, according to Crypto Briefing’s account of the announcement.

Strategy CEO Phong Le described tokenisation as a way to broaden access to the company’s preferred stocks. His comments outline a use for the venue beyond trading ordinary shares: distributing a company’s other listed securities through the same continuously available market.

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