JPMorgan objects to tokenized shares on OKXICE platform
- —Objections filed under the SEC's innovation exemption of Sept 17
- —Number of objecting companies rose from 16 to 33
- —Tokens are issued by third parties backed 1:1 by real shares
- —OKXICE is a JV of OKX and the NYSE parent company
Why it matters: Issuer pushback could slow the launch of a US tokenized-equity market under the SEC exemption.
Source: CoinDesk Japan