TechFlow news, July 15: According to an official announcement, OKX will open the first batch of tokenized US stock spot trading on July 16. Users can hold and trade price exposure of underlying stocks or ETFs in share units. Assets are named with an "X" prefix before the stock ticker (e.g., XNVDA, XTSLA). Deposits and withdrawals are available via Solana and X Layer networks, supporting 7×24-hour trading, with trading pairs denominated in USDT.
It is reported that the product trades year-round; prices during non-trading hours are calculated based on the latest closing price plus market estimates; positions are unified in the same account alongside spot, stock perpetual contracts, etc., trading directly with USDT without a brokerage account; it supports automated trading with strategy bots such as recurring investment and grid trading; dividends will be reinvested at the issuer level and returned in the form of increased shares.
