OKX will launch tokenized US stock spot trading, with the first batch opening on July 16

According to the official announcement, OKX will soon open the first batch of tokenized US stock spot trading on July 16. Users can hold and trade the price exposure of the underlying stocks or ETFs in units of "shares," with assets named in the form of stock codes prefixed with "X" (e.g., XNVDA, XTSLA). Withdrawals and deposits can be made through the Solana and X Layer networks, supporting 24/7 trading, with trading pairs priced in USDT.

It is reported that this product will trade year-round without breaks, with off-trading hours prices calculated based on the latest closing price plus market estimates; positions in spot, stock perpetual contracts, etc., will be unified in the same account, allowing direct trading with USDT without the need for a brokerage account; it supports automated trading strategies such as dollar-cost averaging and grid trading, with dividends reinvested at the issuer level and returned in the form of increased shares.