OKX said it will open its first batch of tokenized U.S. stock spot trading on July 16, according to an official announcement cited by Odaily. The product will let users hold and trade price exposure to underlying stocks or ETFs in units of shares, with assets named by adding an "X" before the stock ticker, such as XNVDA and XTSLA. OKX said deposits and withdrawals will be available through Solana and X Layer, while trading will run on a 24/7 basis and pairs will be quoted in USDT. The exchange also said the product will trade year-round. During non-market hours, prices will be based on the latest closing price plus market estimates. Positions will sit in the same account as spot and stock perpetual holdings, allowing users to trade directly with USDT without opening a brokerage account. OKX added that the product will support automated strategies including recurring buys and grid bots, while dividends will be reinvested at the issuer level and returned through additional share units.
OKX will open its first batch of tokenized U.S. stock spot trading on July 16, according to an official announcement cited by Odaily.
The exchange said users will be able to hold and trade price exposure to underlying stocks or ETFs in units of shares. The assets will be named by placing an "X" before the stock ticker, with examples including XNVDA and XTSLA.
OKX said deposits and withdrawals will be supported on Solana and X Layer. Trading will be available 24/7, and pairs will be denominated in USDT.
According to the announcement, the product will trade year-round. During hours when the underlying market is closed, pricing will be based on the latest closing price plus market estimates.
Positions in the product will be managed in the same account as spot and stock perpetual holdings. Users can trade directly with USDT and do not need a brokerage account.
OKX also said the offering will support automated strategy bots, including recurring investment plans and grid trading. Dividends will be reinvested at the issuer level and returned in the form of increased share units.
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