Apple blocked the launch of tokenized trading in its shares on the new U.S. platform OKXICE TSV by exercising its 30-day veto right under the SEC’s innovation exception. The company joined a boycott involving 59 issuers, including six of the Magnificent Seven, SpaceX, The Home Depot, GE Vernova, JPMorgan Chase and Goldman Sachs, while Meta was absent from the initial lists. The project, a joint venture between OKX and Intercontinental Exchange, owner of the NYSE, was preparing to launch round-the-clock on-chain trading through Uniswap v4 pools on the XLayer blockchain, but Nasdaq reportedly pressured issuers to derail it. Despite the U.S. pause, tokenized versions of Apple shares continue to circulate offshore, led by AAPLx on Solana and Ethereum, the dividend-reinvesting AAPLon token, and Backpack’s exchangeable AAPL tokens.
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