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Decrypt· Tyler Warner·· 11d ago

Nine Blue Chip Companies Reject Tokenized Stocks on OKXICE Platform

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AI brief

Nine major issuers including Verizon, Broadcom, and UnitedHealth have objected to their shares trading on OKXICE, the tokenized stock venue from OKX and ICE, reducing the platform's planned roster by 14% before launch. The companies cite concerns over the venue's lack of SEC registration, absence of Regulation NMS protections, and trading restrictions. OKXICE's model allows 24/7 trading of tokenized equities, but issuers now hold the power to opt out, directly impacting the platform's viability.

Source: Decrypt · decrypt.co