22 Companies Reject OKXICE Tokenized Stocks, Pressuring 63-Share Plan
- —22 of 63 issuers have objected to tokenization on OKXICE
- —New objectors include Wells Fargo, Arm Holdings and Intuit
- —16 of the companies are listed on Nasdaq, 6 on NYSE
- —SEC rules give issuers a de facto veto over tokenized listings
Why it matters: The issuer veto under SEC rules slows OKX and NYSE's push toward 24/7 onchain trading in US equities.
Source: CryptoNinjas