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Nvidia, Nike Among 50 Companies Objecting to OKX’s Tokenized Stock Plan

Nvidia, Nike Among 50 Companies Objecting to OKX’s Tokenized Stock Plan

Photo: TheCoinrise

A growing list of issuers has pushed back against OKXICE's effort to offer tokenized versions of their shares. OKX's tokenized stock initiative, referred to as OKXICE, is facing mounting resistance from the companies whose shares it aims to represent. Fifty issuers have now registered objections to the product, according to reporting on the dispute. Nvidia and Nike are the most prominent names among the group opposing the plan. Tokenized stocks are blockchain-based instruments designed to track the price of traditional equities.

Source: TheCoinrise

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