Regulation· ★★★· neutral·

22 companies object to tokenized versions of their shares on OKXICE

  • —Six companies joined the 16 earlier objectors, including Wells Fargo, Arm and Intuit
  • —The objection applies only under the SEC's temporary exemption for OKXICE, not to tokenization broadly
  • —OKXICE is an OKX and ICE venture that planned token versions of 63 stocks for off-hours trading
  • —Reasons were not disclosed; Wells Fargo declined to comment and Arm and Intuit did not respond
Why it matters: Issuer pushback narrows the launch list of tokenized equities and sets a precedent for the tokenization industry.
Source: Crypto Insiders
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