Walmart, Eli Lilly and Cigna File Objections to ICE and OKX’s Tokenized Stock Venue
By Unchained
AI summary of the source article
Walmart, Eli Lilly, and Cigna are among 38 companies that have objected to tokenized trading of their shares on OKXICE TSV. Under an SEC exemption, a timely objection prevents third-party stock tokens from trading on the venue.
Key facts
- An Oct. 28 notice from OKXICE TSV listed 38 issuers objecting to tokenized trading of their shares, up from 33 on Oct. 27.
- Under the governing SEC exemption, a company's timely written objection keeps third-party tokens of its stock off the venue.
- OKXICE is a 50/50 joint venture between Intercontinental Exchange and an OKX affiliate, designed to run through permissioned Uniswap v4 pools on X Layer.
Source excerpt · Unchained
The joint venture's Oct. 28 notice adds Walmart, Eli Lilly, Cigna, Carnival and Arcos Dorados to the companies that don't want their shares traded on its tokenized stock venue. The post Walmart, Eli Lilly and Cigna File Objections to ICE and OKX’s Tokenized Stock Venue appeared first on Unchained .