OKXICE’s Nov. 5, 2026, notice lists Apple and Meta among the issuers from which its proposed Tokenized Securities Venue had received Notices of Issuer Objection. CoinDesk reported that Meta and four other companies were added to the list that day, while Apple had appeared earlier in the week. The notice concerns this proposed venue for tokenized U.S. stocks. Read the OKXICE notice.
Read the objections at their stated scope: they concern OKXICE’s proposed venue for tokenized stocks.
How the proposed venue would work
OKXICE LLC, the proposed venue’s operator, is a 50/50 joint venture of Intercontinental Exchange Holdings, Inc. and OKC USA Holding Inc. Its notice describes permissioned Uniswap v4 automated market-maker (AMM) pools on XLayer. An AMM uses liquidity pools to facilitate trades; the proposed venue would not have an order book.
The plan pairs each tokenized stock with a supported payment stablecoin and calls for trades to settle on XLayer. The notice describes two tokenization models: stocks tokenized by their issuer, or third-party tokens backed one-for-one by underlying shares held through a registered broker-dealer. For the latter, the token represents a security entitlement tied to those shares.
OKXICE says it intends the venue to operate 24 hours a day, seven days a week. The notice also warns that pool prices could diverge from the underlying stock’s price, particularly outside primary-market hours or when liquidity is low, and that liquidity providers could withdraw. It says an external audit of the venue’s Hook contract is planned before operations begin.
What OKXICE says about SEC status
OKXICE says the venue is not registered with the U.S. Securities and Exchange Commission for the activities described in its notice. The notice also says the SEC has not passed on its merits or accuracy.
A Jan. 28, 2026, statement from SEC divisions discusses issuer-sponsored and third-party tokenization. The statement describes staff views, not a Commission rule, regulation, or guidance, and says it has no legal force or effect. Read the SEC staff statement.
