Tesla, Amazon, SpaceX, Netflix, Lam Research and SoFi Technologies opposed the tokenization of their shares on the OKXICE platform, a joint venture between OKX and Intercontinental Exchange. In total, 56 companies rejected the project, including 49 of the 62 companies initially targeted, or about 79 percent. Five of the seven most highly valued U.S. technology companies, namely Tesla, Amazon, Microsoft, Alphabet and Nvidia, are among the opponents. As of November 2, only 13 companies in the initial selection had not publicly objected, which does not necessarily mean they approve of the plan. OKXICE has not yet set a launch date or disclosed how many tokenized stocks it plans to offer.
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