Intel, Oracle, IBM and IonQ have joined the companies objecting to trading of their shares on OKXICE TSV, according to a notice dated Oct. 26. The number of objecting issuers has risen from the count on Oct. 15 to 26, up from 22 in the Oct. 23 notice, though the notices do not explain the objections or their effect. The planned platform, a 50-50 joint venture between Intercontinental Exchange (owner of NYSE) and OKX's U.S. holding company, would let approved users trade tokenized U.S. stocks 24/7 on permissioned Uniswap v4 pools, paired with stablecoins such as USDC. The notice flags a key risk: if the tokenizer's broker-dealer failed, it is uncertain whether tokenized shares in self-custodied wallets would be protected by SIPC.
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