OKX launches 24/7 tokenized U.S. stock and ETF trading with USDT

OKX said its Unified Tokenized Stocks market supports xStocks on X Layer and Solana, offering round-the-clock tokenized U.S. equity and ETF exposure in USDT beyond standard Wall Street hours.

USDT
SOL

Summary

OKX said it has launched Unified Tokenized Stocks, a market for trading tokenized U.S. stocks and ETFs around the clock using USDT. The exchange described itself as the first global exchange to offer a unified tokenized stock market that combines assets from multiple issuers into shared liquidity, with trading available on weekends and holidays as well as during normal U.S. market hours. The new market lists tokenized versions of well-known equities and ETFs on OKX’s spot market, with tickers carrying an “X” prefix. Examples cited by the exchange include Apple’s XAAPL, NVIDIA’s XNVDA and Tesla’s XTSLA. At launch, the product is supported by xStocks and allows deposits and withdrawals on X Layer and Solana. OKX said the product gives users price exposure to underlying stocks and ETFs rather than ownership of the companies themselves. Trading pairs are quoted in USDT, allowing crypto-native users to access stock-market exposure without converting into fiat currency or opening a traditional brokerage account.

Terms & Concepts
  • tokenized stocks: Blockchain-based representations of stock exposure.
  • shared liquidity: Combined trading depth across multiple issuers.
  • corporate-action model: How events such as dividends are handled for the tokenized assets.