Intel, IBM, Oracle and IonQ have joined the companies opposing the tokenized listing of their US stocks on the proposed OKX-ICE platform from OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange. They bring the total number of objections to 26 companies, including Alphabet, Wells Fargo and Goldman Sachs. Of the 62 companies initially selected, about 41% have now refused to participate in the tokenized listing project. The initiative follows the SEC’s granting of temporary exemptions allowing certain venues to offer limited trading in National Market System stocks. Nasdaq has urged issuers to proceed cautiously and invested $100 million in Kraken parent Payward as part of its push into tokenized assets.
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