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OKX–ICE Tokenized Stock Plan Meets Another Round of Refusals

OKX–ICE Tokenized Stock Plan Meets Another Round of Refusals

Photo: CoinCentral

TLDR IBM, Oracle, Intel, and IonQ have formally objected to OKXICE’s proposed tokenized stock trading. OKXICE now lists 26 corporate objections, up from 22 on October 23. The SEC’s five-year Innovation Exemption gives companies 30 days to reject third-party tokenized stock listings. Approximately 37% of the companies on OKXICE’s original roster have objected to the trading plan. The venture plans to offer 24-hour blockchain-based stock trading through Uniswap v4 pools. IBM, Oracle, Intel, and IonQ have rejected plans to include their shares in the OKX–ICE tokenized stock trading service.

Source: CoinCentral

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