Who would’ve thought? The first to put the brakes on bringing U.S. stocks on-chain were the publicly listed companies themselves 🛑
Nine U.S.-listed companies have made it clear: they won’t allow their shares to trade on OKXICE, a tokenized stock platform jointly operated by OKX and ICE, the parent company of the NYSE. The list includes Broadcom, Verizon, UnitedHealth, CoreWeave, AppLovin, and Rocket Lab. Eight of them were already on the list of 63 stocks the platform announced on October 4 as its initial offering.
A few details that are easy to miss:
🔹 The rules come from an SEC exemptive order issued on September 17, and are valid for five years
🔹 Any third party that wants to tokenize a U.S. stock for trading must notify the company at least 30 days in advance
🔹 If a company objects in time, the platform can’t list that stock; no response is treated as consent
🔹 An objection applies only to the platform that sent the notice—it doesn’t amount to a ban across the entire market
🔹 Nasdaq has also said it doesn’t plan to have its own shares tokenized under this framework
Put simply: whether you can buy a company’s “stock token” on-chain will depend not just on the exchange, but also on whether the company gives the green light.
The platform hasn’t launched yet, but still plans to offer dozens of stocks, including Nvidia, Apple, Microsoft, and Tesla.
Would you buy U.S. stocks on-chain, or do you feel safer using a traditional brokerage?
#CFTC推进RegCAM自愿监管框架 #BTC #ETH
Nine U.S.-listed companies have made it clear: they won’t allow their shares to trade on OKXICE, a tokenized stock platform jointly operated by OKX and ICE, the parent company of the NYSE. The list includes Broadcom, Verizon, UnitedHealth, CoreWeave, AppLovin, and Rocket Lab. Eight of them were already on the list of 63 stocks the platform announced on October 4 as its initial offering.
A few details that are easy to miss:
🔹 The rules come from an SEC exemptive order issued on September 17, and are valid for five years
🔹 Any third party that wants to tokenize a U.S. stock for trading must notify the company at least 30 days in advance
🔹 If a company objects in time, the platform can’t list that stock; no response is treated as consent
🔹 An objection applies only to the platform that sent the notice—it doesn’t amount to a ban across the entire market
🔹 Nasdaq has also said it doesn’t plan to have its own shares tokenized under this framework
Put simply: whether you can buy a company’s “stock token” on-chain will depend not just on the exchange, but also on whether the company gives the green light.
The platform hasn’t launched yet, but still plans to offer dozens of stocks, including Nvidia, Apple, Microsoft, and Tesla.
Would you buy U.S. stocks on-chain, or do you feel safer using a traditional brokerage?
#CFTC推进RegCAM自愿监管框架 #BTC #ETH