33 Wall Street firms block tokenized stock trading on OKXICE, Apple and Tesla absent

Thirty-three major companies, including JPMorgan and Coca-Cola, have objected to trading tokenized versions of their shares on OKXICE, a 24-hour market operated by crypto exchange OKX and ICE. AMD, Adobe, and Dell joined the objections this week, leaving only 30 of the original 62 companies on the platform. Apple, Nvidia, Tesla, and Amazon are notably absent from the objection list. The SEC's Innovation Exemption, which allows 30-day objection windows, sparked this dispute after AMC's CEO criticized Robinhood's price-linked tokens. While objecting companies' shares remain tradeable on traditional exchanges, the move highlights concerns about price fragmentation across 24-hour crypto markets.