Nvidia, Nike, Costco, Micron Technology, Reddit, JPMorgan Chase, Goldman Sachs and 43 other companies have opposed the stock tokenization project launched by OKXICE, a joint venture equally owned by OKX and Intercontinental Exchange. The number of objections rose from 38 on October 28 to 50 on October 30. The planned platform would allow eligible investors to trade blockchain tokens representing ownership interests in U.S. stocks 24 hours a day, seven days a week. The project relies on a temporary exemption granted by the Securities and Exchange Commission on September 17, under which companies can block the offering of tokens tied to their shares by filing an objection within the specified period.
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