OKXICE’s tokenized stock plan is facing greater resistance: the number of companies opposed has grown to 50, with Nvidia, Micron, Nike, Costco, and Reddit among the latest additions. The platform is a joint venture between OKX and ICE, and originally planned to cover 62 companies. Under the SEC’s temporary conditional exemption, issuers may object in writing within 30 calendar days of receiving notice. My take: the issuers’ collective rejection shows that the barriers to tokenized stocks lie in control over equity and regulatory authorization, not technology.
Not investment advice