JPMorgan, Microsoft, Google and 30 Other Companies Object…
By Karthik Subramanian
AI summary of the source article
Thirty-three companies, including JPMorgan Chase, Microsoft, and Alphabet, have formally objected to having their shares traded as blockchain-based tokens on OKX and ICE's proposed platform under an SEC exemption framework.
Why it matters
"The objections expose a significant obstacle for financial institutions seeking to integrate traditional equities with decentralized trading infrastructure."
Key facts
- Thirty-three companies, including about 48% of OKXICE's initial 62-company trading roster, have submitted formal objections.
- OKXICE, an equal joint venture between OKX and ICE, planned to offer tokenized equities under the SEC's five-year Innovation Exemption.
- The SEC exemption requires operators to notify issuers, giving companies 30 days to submit written objections that block platform listings.
Source excerpt · FinanceFeeds
JPMorgan Chase, Microsoft, Alphabet and 30 other publicly traded companies have formally objected to having their shares traded as blockchain-based tokens on a proposed platform operated by cryptocurrency exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. According to an updated public notice dated October 27, 2026, the number of objecting companie…