OKX files with SEC to bring tokenized-stock trading to the US

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OKX has filed with the US Securities and Exchange Commission to launch a tokenized-stock trading platform in the United States, Bloomberg reported. The filing itself had not surfaced in public SEC records as of early October. The timing still makes sense. Washington has only just carved out a formal lane for this kind of trading. What OKX already sells, and to whom OKX is not new to tokenized equities. On July 15–16, 2026, it rolled out a product line called Unified Tokenized Stocks, also described as xStocks-powered products. The initial lineup covered more than 40 US stocks and ETFs. By September 2026, that menu had grown to more than 70, offered through a dedicated Money app. Users can trade these tokens around the clock, 24/7, priced against the USDT stablecoin. Settlement happens on Solana and on X Layer, OKX’s own network. The tokens are backed 1:1 by underlying shares held by third-party issuers. OKX acts as the distributor rather than the issuer. These products are restricted under Regulation S, the SEC rule that governs securities offered outside the US. They are unavailable to US persons, and they are also off-limits to users in the EU. Despite the share backing, the curr...

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