Star Xu posted on X on November 11, 2026 announcing OKX’s joint‑venture to issue tokenized stocks. He explained that the tokens represent real shares with full 1:1 backing, allowing self‑custody and 24/7 global trading while complying with applicable laws. Xu emphasized that the aim is not merely to create digital replicas of equities but to build a more open, efficient and programmable financial system that retains the protections of traditional markets. This matters because it bridges the gap between legacy finance and blockchain, potentially expanding access for investors worldwide and setting a precedent for regulated on‑chain securities.

“Despite the many limitations, challenges, and objections, this is a meaningful step forward in bringing traditional capital markets onchain. Real shares. 1:1 backing. Self-custody. Access for global investors, subject to applicable laws and regulations. 24/7 trading, regardless of time zone. The goal is not just to tokenize stocks, but to build a more open, global, efficient, and programmable financial system—while maintaining the protections and integrity of traditional markets. A small step for our JV, a giant leap toward truly global, blockchain-powered stock markets. 🚀”

— Star Xu (@star_okx) on X · X ↗

Star Xu is not affiliated with COINMAG. The quote comes from a public post on X; the context was written by the COINMAG newsroom.