Walmart and 37 other companies object to OKX-ICE tokenized stock trading venue

Walmart, Eli Lilly, Cigna Group, Carnival, and Arcos Dorados joined 33 other companies in objecting to OKX-ICE's tokenized stock venue, bringing the total objectors to 38. The objection, filed under the SEC's innovation exemption, blocks the venue from listing tokenized versions of these companies' shares. The pushback has broadened beyond tech and finance into retail, healthcare, and travel sectors.