IBM, Oracle, Intel and IonQ have objected to plans by OKX and ICE to offer blockchain-based versions of their shares, raising total issuer objections to 26. The four were named in an updated public notice dated Monday, Oct. 26, and were among the 62 companies on OKXICE's original roster, bringing objections from that original selection to 23, or about 37%, according to a CoinDesk tally. Under the SEC's five-year Innovation Exemption, venues can test round-the-clock blockchain trading, but issuers have 30 days to object before their shares are offered. Industry experts say objecting costs nothing, while staying silent lets trading begin without a way to withdraw consent later, and OKXICE co-chairman Andrew Cuomo said many companies prefer to 'wait and see how it goes.' Earlier objectors include Microsoft, Alphabet, Goldman Sachs, Cisco and Wells Fargo.
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