Apple, Meta, Palantir, S&P Global, KLA and Super Micro Computer are among the 67 companies that have rejected plans to tokenize their shares on the marketplace jointly developed by OKX and Intercontinental Exchange. Of the 62 companies initially selected, 56 have rejected the project, or about 90 %, substantially reducing the potential breadth and liquidity of the offering. Strategy, Coinbase, Circle, Robinhood, Securitize and BitGo are absent from the public objection list, although their participation has not been confirmed. The platform is designed to enable 24/7 trading of tokenized stocks settled in stablecoins under the Securities and Exchange Commission’s five-year Innovation Exemption. Meanwhile, the New York Stock Exchange and the Depository Trust & Clearing Corporation are advancing separate tokenization initiatives, indicating that resistance to OKX–ICE does not necessarily amount to a rejection of blockchain-based securities.
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