IBM, Oracle, Intel join OKX-ICE tokenized stock objections as total hits 26

IBM, Oracle, Intel and quantum computing company IonQ have reportedly joined the growing opposition to OKX and Intercontinental Exchange's proposed tokenized stock platform, bringing the number of objecting issuers to 26 under the U.S. Securities and Exchange Commission's innovation exemption. IBM, Oracle, Intel and IonQ reportedly joined the OKXICE tokenized stock objections. The reported total has climbed from 22 to 26 issuers. SEC rules give companies 30 calendar days to object to unaffiliated tokenization. Industry groups are urging regulators to replace the opt-out process with affirmative issuer consent.

Source: crypto.news