Intel, Oracle, IBM and quantum computing company IonQ have joined the list of companies opposing the trading of their shares on OKXICE TSV, according to an updated public notice. The number of objecting issuers has risen from nine on Oct. 15 to 26, nearly tripling in less than two weeks. The platform, a 50-50 joint venture between NYSE owner Intercontinental Exchange and OKX’s U.S. holding company, is designed to let approved users trade tokenized U.S. stocks 24/7. Each token represents a claim on a real share held by a third party through a registered broker-dealer, but the notice says it remains uncertain whether tokenized shares held in a self-custodied wallet would be covered by the Securities Investor Protection Corporation if the broker-dealer failed.
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