Nine issuers, including Verizon, Broadcom, and UnitedHealth Group, have objected to trading their shares on OKXICE TSV, the planned tokenized stock platform from crypto exchange OKX and NYSE owner Intercontinental Exchange. Nasdaq has also decided to exclude its own shares from the SEC’s regulatory framework, citing concerns about real-time pricing and trade reporting. OKXICE TSV, the first major test of the SEC’s innovation exemption, plans to operate 24/7 using Uniswap v4 liquidity pools and settle trades in stablecoins. The platform is not registered with the SEC and is not subject to traditional investor protection rules. The article does not specify whether these objections will prevent these stocks from being traded on the platform.
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