Nine companies opposed the tokenization of their shares on OKX-ICE on October 15, before the number reached 22 eight days later, representing 35% of the 63 companies planned for the venue. No issuer has accepted control of its own tokens despite OKX-ICE opening that possibility on October 19. Robinhood Chain, launched on July 1, generated about $51 million in revenue, processed $65 billion in decentralized trading volume and recorded $13.7 billion in tokenized-equity volume. Robinhood’s third-quarter earnings call will therefore be closely scrutinized by investors, with CEO Vlad Tenev expected to address the conflict between tokenized shares and publicly traded companies.
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