Wells Fargo, Arm, Intuit Keep Their Stock Off OKX-ICE Token Venue as Objections Reach 22
By Unchained
AI summary of the source article
Wells Fargo, Arm Holdings, and Intuit are among six additional companies barring tokenized versions of their stock from the OKXICE trading venue. The total number of objecting issuers has reached 22 out of 63 originally planned stocks.
Key facts
- Wells Fargo, Arm Holdings, and Intuit joined six more companies objecting to tokenized shares on OKXICE, raising total objections to 22.
- OKXICE operates under a five-year SEC exemption issued on Sept. 17 that allows qualifying tokenized-stock venues to operate without registering as an exchange.
- OKX and ICE planned to offer tokens for 63 stocks using permissioned Uniswap v4 pools on XLayer paired with stablecoins.
Source excerpt · Unchained
Six more issuers have objected to OKXICE trading tokenized versions of their shares, Reuters reported, which under SEC rules keeps those tokens off the venue. The post Wells Fargo, Arm, Intuit Keep Their Stock Off OKX-ICE Token Venue as Objections Reach 22 appeared first on Unchained .