Three Firms Prepare to Launch Tokenized US Stock Trading Platforms Under SEC Exemption
TSV LLC, OKXICE, and Perpetuals.com seek to trade tokenized US stocks onchain under a new SEC exemption.
TSV LLC, OKXICE, and Perpetuals.com seek to trade tokenized US stocks onchain under a new SEC exemption. This is an original TLT brief synthesising 3 outlets (Finance Magnates, The News Crypto, The Cryptonomist), plus live market data, as of Thu, 22 Oct 2026 12:15:02 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 a new SEC exemption allowing limited onchain trading of tokenized equities.
- Volume is capped at 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 trading platforms for tokenized US stocks under a new regulatory exemption. The outlets agree that the exemption, granted on September 17, allows for trading tokens that carry the same rights as listed shares but with volume restrictions. However, The News Crypto specifies that the SEC's official list, updated on October 21, includes these three firms, while Finance Magnates highlights that none of the firms has started trading yet.
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- OKX-ICE Discloses Nine Companies Blocking Tokenized Stock Trading
- Three Firms Prepare 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 trading platforms for tokenized US stocks under a new regulatory exemption. The SEC published their names on October 21, with filings made between September 23 and October 14.
The exemption, granted by the SEC on September 17, allows approved participants to trade tokens that carry the same rights as listed shares. This initiative aims to integrate traditional equities with blockchain technology, potentially increasing market accessibility and efficiency.
According to multiple outlets, including Finance Magnates and The News Crypto, the platforms will operate under specific restrictions. For instance, a venue may trade no more than 0.25% of a stock's average daily volume, and each can list up to 75 different symbols. This ensures that the new platforms do not disrupt existing market dynamics.
TSV LLC, a Puerto Rico-based company, was the first to file on September 23, followed by OKXICE, a joint venture between Intercontinental Exchange and crypto exchange OKX, on October 4. Perpetuals.com, which does business as Kephas Corporation, filed on October 14. These filings indicate a growing interest in blending traditional finance with blockchain technology.
The broader market context shows a slight downturn, with the total crypto market cap at $2.81 trillion and 
Bitcoin down 1.75% in the last 24 hours. The Fear & Greed Index stands at 68, indicating 'Greed,' suggesting a cautious optimism in the market.
Figures and sectors in this story, checked live against on-chain aggregators · October 22, 2026.
TLT 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 Prepare to Launch Tokenized US Stock Trading Pla — questions & answers
What is the SEC's Innovation Exemption?
The SEC's Innovation Exemption allows approved participants to trade tokens representing listed shares with specific volume restrictions.
Which companies are involved?
TSV LLC, OKXICE (a joint venture between Intercontinental Exchange and OKX), and Perpetuals.com.
What are the trading restrictions?
A venue may trade no more than 0.25% of a stock's average daily volume and list up to 75 symbols.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Finance Magnates, The News Crypto, The Cryptonomist, 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 TLT 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.