Nine US Companies Block Tokenized Share Trading on OKXICE…
By Karthik Subramanian
AI summary of the source article
Nine US-listed companies have formally objected to having their shares traded as tokenized securities on OKXICE, a planned venue jointly owned by OKX and ICE. The objections were filed under the SEC's innovation exemption framework.
Why it matters
The development represents an early test of how corporate consent requirements could influence the expansion of blockchain-based equity markets.
Key facts
- Nine US companies, including Broadcom, Verizon, and UnitedHealth Group, formally blocked tokenized versions of their shares on OKXICE.
- The SEC's framework requires tokenized venues to provide 30 calendar days' notice, allowing issuers 30 calendar days to object and halt trading on that specific venue.
- OKXICE is an equally owned venture between ICE and OKX designed to offer round-the-clock trading of tokenized equities on the X Layer network.
Source excerpt · FinanceFeeds
Nine US-listed companies have formally objected to tokenized versions of their shares being offered on OKXICE, a proposed blockchain-based securities trading venue jointly owned by cryptocurrency exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. According to an OKXICE public notice dated October 15, 2026, the companies are Cerebras Systems, AppLov…