Wall Street just took a step toward trading stocks around the clock.

OKXICE, a joint venture between crypto exchange OKX and NYSE parent Intercontinental Exchange (ICE), has notified the U.S. Securities and Exchange Commission (SEC) that it plans to launch a tokenized stock trading venue. Former New York Gov. Andrew Cuomo, the venture's co-chair, announced the move on X.

The venue will start with more than 60 companies listed on U.S. stock exchanges.

Tokenized stocks are digital versions of regular shares that live on a blockchain. That means they can trade outside normal market hours and settle faster than traditional stocks.

The plan builds on a new SEC rule. On Sept. 17, the agency issued an “Innovation Exemption” that lets qualifying venues trade tokenized U.S. stocks using automated market makers and liquidity pools. The exemption is temporary and runs for five years.

It comes with guardrails. Tokenized shares must carry the same rights as regular stock, including dividends and voting. Companies whose shares are listed also get 30 days to object to their stock being tokenized. OKX and ICE formed the 50-50 joint venture in June to build infrastructure for tokenized financial products.

The NYSE owner's involvement shows tokenization is moving into the mainstream. Crypto exchanges have offered tokenized U.S. stocks for some time, but only to customers outside the country.

OKX itself lists more than 70 such tickers. S. investors can't buy them. Even so, the market has grown fast. xyz .

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