Three Firms Plan to Launch Tokenized US Stock Trading Platforms Under SEC Exemption
TSV LLC, OKXICE, and Perpetuals.com seek to trade tokenized stocks onchain under a new SEC exemption.
TSV LLC, OKXICE, and Perpetuals.com seek to trade tokenized stocks onchain under a new SEC exemption. This is an original Token Times brief synthesising 2 outlets (Finance Magnates, The News Crypto), plus live market data, as of Thu, 22 Oct 2026 12:00:01 UTC.
This development marks a significant step towards integrating traditional equities with blockchain technology, potentially increasing market accessibility and efficiency while operating within regulatory boundaries.
- Three firms aim to launch blockchain-based platforms for tokenized US stocks.
- All operate under SEC's new Innovation Exemption granted on September 17.
- Volume caps limit trading to 0.25% of a stock's average daily volume per venue.
Finance Magnates and The News Crypto both report that TSV LLC, OKXICE (a joint venture between Intercontinental Exchange and OKX), and Perpetuals.com have filed notices with the SEC to operate blockchain-based trading platforms for tokenized US stocks under the new Innovation Exemption. The outlets agree on the SEC's exemption date (September 17) and the volume cap (0.25% of a stock's average daily volume). However, The News Crypto provides the SEC's updated list date (October 21) while Finance Magnates emphasizes the lack of trading commencement by any of the firms.
- Ex-FTX Europe Head Seeks U.S. Tokenized Stock Trading with SEC Approval
- CoreWeave, Broadcom Reject Tokenized Stock Trading on OKXICE Platform
- OKXICE Faces Nine Objections to Tokenized Stock Trading
- Nine Companies Reject Tokenized Stock Trading on OKXICE Platform
- Three Firms Plan to Launch Tokenized US Stock Trading Platforms Under SEC Exemption — this brief
Three companies—TSV LLC, OKXICE, and Perpetuals.com—have notified the U.S. Securities and Exchange Commission (SEC) of their intent to operate blockchain-based trading platforms for tokenized US stocks. These filings were made under the SEC's new Innovation Exemption, which was granted on September 17 and allows for the trading of tokens that carry the same rights as listed shares.
TSV LLC, a Puerto Rico-based company, filed its notice on September 23. OKXICE, a joint venture between Intercontinental Exchange and crypto exchange OKX, filed on October 4. Perpetuals.com, operating under the Kephas Corporation, filed on October 14. According to the SEC's official list, updated on October 21, none of these firms has commenced trading operations.
The venues will operate under specific constraints. For instance, they are not bound by the same rules as traditional exchanges but face volume caps. Specifically, a venue may trade no more than 0.25% of a stock's average daily volume, and each can list a maximum of 75 symbols.
This development reflects the growing intersection of traditional finance and blockchain technology. By tokenizing US stocks, these platforms aim to offer increased accessibility and potentially more efficient trading mechanisms. However, the regulatory framework under which they operate will be crucial in determining their success and impact on the broader market.
The total cryptocurrency market cap stands at $2.81 trillion, with the overall market experiencing a downturn. 
Bitcoin is down 1.75% in the last 24 hours, and the Fear & Greed Index is at 68, indicating 'Greed' in the market. The performance of these tokenized stock platforms could influence investor sentiment and market dynamics in the coming months.
Figures and sectors in this story, checked live against on-chain aggregators · October 22, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Three Firms Plan to Launch Tokenized US Stock Trading Platfo — questions & answers
What is the SEC's Innovation Exemption?
The SEC's Innovation Exemption is a temporary provision that allows approved participants to trade tokens representing the same rights as listed shares.
Which companies are involved in this initiative?
The companies are TSV LLC, OKXICE (a joint venture between Intercontinental Exchange and OKX), and Perpetuals.com.
What are the trading limitations for these platforms?
Trading is capped at 0.25% of a stock's average daily volume per venue, and each platform can list up to 75 symbols.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Finance Magnates, The News Crypto, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.