OKX has launched more than 40 tokenized U.S. stocks and ETFs on its platform. Customers across Southeast Asia, Northeast Asia, the CIS region, MENA and Türkiye can now trade names like Apple, NVIDIA, Tesla, the S&P 500 and Nasdaq-100, all from the same OKX account they already use for crypto. The markets trade around the clock against USDT, making it easy to access U.S. equities alongside digital assets.
Tokenized stocks are not currently available to customers in the United States or Europe.
OKX is the first global exchange to build a single market for multiple tokenized stocks. Whether customers are trading Apple, NVIDIA or Tesla, they trade one market, not a specific issuer’s version of that stock.
Today, most exchanges create separate markets for different tokenized versions of the same stock, fragmenting liquidity across multiple products. OKX takes a different approach. As new issuers come online, they will add liquidity to the same order book instead of creating competing markets. The result is deeper liquidity, better execution and a simpler trading experience.
Tokenized real-world assets are one of the fastest-growing areas of digital assets, but they’re still in the early stages of market development. As more institutions begin issuing tokenized stocks, simply listing every version separately would create an increasingly fragmented market.
Instead, OKX standardizes how different issuers map to a single market for each stock. Today, that market is backed by xStocks from Backed Assets, with every token backed 1:1 by shares held in custody on the issuer’s behalf. As additional issuers are supported, they will strengthen the same market rather than create another version of the same asset. According to OKX, that’s better for traders, better for issuers and better for liquidity.
Tokenized stocks are part of a broader trading experience on OKX. They sit alongside crypto in the same account, funded with USDT and accessible through the same trading interface. Whether customers want to build a long-term portfolio, move between crypto and equities, or manage multiple asset classes in one place, everything happens from one account.
At launch, customers can trade more than 40 U.S. stocks and ETFs, including:
All markets trade against USDT through the OKX order book or via Buy, Sell and Convert for instant execution. For the full list of supported stocks and trading details, customers can refer to the support guide.
Tokenized stocks on OKX trade 24 hours a day, seven days a week, so customers can respond to market-moving news whenever it happens. When U.S. markets are closed on weekends, pricing is based on the latest market close together with fair value estimates.
When companies pay dividends, the value is automatically reinvested at the issuer level and reflected as an increase in customers’ share balance on OKX.
As more issuers and more tokenized assets come online, OKX believes customers shouldn’t have to choose between competing versions of the same stock. They should simply trade the asset they want, while liquidity comes together in one market.
According to OKX, this launch marks another step toward its vision of one market for every tokenized asset, with deeper liquidity as the ecosystem grows and a simpler way to access global markets from a single OKX account.
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