OKX to Launch Tokenized US Stock Trading, First Batch Opens on July 16

Odaily Planet Daily News According to official announcements, OKX will open the first batch of tokenized US stock spot trading on July 16. Users can hold and trade the price exposure of underlying stocks or ETFs in units of "shares". Assets are named by adding an "X" before the stock ticker (e.g., XNVDA, XTSLA). Deposits and withdrawals are supported via the Solana and X Layer networks, with 24/7 trading available, and trading pairs are quoted in USDT.

It is reported that this product enables trading year-round, with prices during non-trading hours calculated based on the latest closing price plus market estimates. Positions in this product, spot, and stock perpetual swaps are unified under the same account, allowing direct trading with USDT without requiring a brokerage account. It supports automated trading via strategy robots such as recurring buys and grids. Dividends will be reinvested at the issuer level and returned in the form of increased share quantities.