Nine issuers, including Verizon, Broadcom, UnitedHealth and CoreWeave, have objected to their shares trading on OKXICE, the tokenized stock venue run by OKX and ICE, which had planned to list 63 companies. The nine make up 14% of that planned roster, and the notice does not say why they objected or whether they will be kept off the venue. OKXICE trades around the clock through Uniswap v4 pools on OKX’s XLayer chain, settled in USDC and USDT, but it is not registered with the SEC and is not subject to Regulation NMS, which requires investors to receive the best displayed price. Nasdaq is also opting its own shares out, citing the lack of real-time best prices and consolidated tape reporting. The article says Robinhood, Kraken and Backed Finance are also affected by the objections.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Decrypt ↗
Keywords
cryptoNasdaqregulationtokenization
Open a keyword to see other news on the same topic.
Related tickers and likely impact
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/19/2026 | 2,408.01 |
| Change that session | -0.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Why Some of America's Biggest Companies Are Objecting to Tokenized Shares
Nine issuers, including Verizon, Broadcom and UnitedHealth Group, have objected to their shares being offered on OKXICE TSV, the planned 24/7 tokenized stock venue from OKX and NYSE owner ICE, according to an Oct. 15 public notice. Other objectors include Cerebras Systems, AppLovin, CoreWeave and Rocket Lab. The notice does not give reasons or say whether the objections will keep these stocks off the platform. Nasdaq, which is not among the objectors, said it would opt its own shares out of the SEC's innovation exemption over concerns about real-time pricing and trade reporting. The notice also warns that OKXICE is not registered with the SEC, is not subject to Regulation NMS, and can have its smart contracts upgraded without advance notice.
- Public companies object to OKX-ICE’s tokenized stock plan
Nine listed companies, including Cerebras Systems, AppLovin, Broadcom and UnitedHealth Group, have formally objected to their shares being offered in tokenized form on a proposed platform backed by OKX and Intercontinental Exchange (ICE), parent of the NYSE, according to a Thursday notice from the two firms. The notice did not give a reason. Under the SEC's Sept. 17 innovation exemption, tokenized venues must give issuers written notice and a chance to object before listing third-party tokenized stocks. Analysts quoted say issuers worry about price effects once shares trade on-chain, and that the objection targets tokenization without consent rather than tokenization in general. OKX had not responded to Cointelegraph's request for comment by publication, while more than $754 million has moved onchain in the past 30 days, lifting stablecoin and tokenized asset totals to $320 billion.
- FinTech Global FS Regulatory Round - up - W / e 25 September 2026
This weekly regulatory roundup covers the TNFD’s final sector guidance for technology and communications, which includes a water-risk use case for semiconductor manufacturing and datacentres. The FCA published Handbook Notice 144 on cryptoassets, including a 10% cap on cryptoasset exchange traded notes held by retail funds and the removal of most approval notifications for cryptoasset promotions. FCA CEO Nikhil Rathi said the UK must move from experimentation to adoption of tokenisation, citing potential benefits of £33 billion a year for GDP and £14 billion in tax revenue, and a joint roadmap with the Bank of England is planned. The Bank of England also consulted on 2026/27 fees for recognised payment systems and specified service providers, with responses due by 22 October 2026, while the EBA published its response to the European Commission’s MiCAR review.
- SEC tokenized stock framework faces issuer pushback as Broadcom, Verizon object to OKX-ICE listing
Nine issuers, including Broadcom, Verizon and UnitedHealth, have objected to having their shares traded on OKXICE's planned tokenized-stock platform, according to an October 15 notice. The venue would offer around-the-clock trading under the SEC's temporary Innovation Exemption, with tokens backed one-for-one by underlying shares. Nasdaq has said it will opt out of the framework because the venue does not display best prices in real time or report to the consolidated tape. TD Securities analysts found that reliance on temporary exemptive relief rather than permanent rules has made issuers and institutions reluctant to invest in the trading infrastructure.
- Goldman, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a threat
- Citrini sees a tokenization boom. The harder question is who profits
Citrini Research, known for tech, AI and market analysis rather than crypto, argues in a 79-page report titled “Breaking the Wall” that tokenization could move stocks, bonds, credit and commodities onto blockchains and give crypto a clear purpose. Stablecoins, wallets, DeFi protocols, retail platforms such as Robinhood (HOOD) and Coinbase (COIN), and a clearer regulatory path for tokenized securities are all converging to support this shift. The article's main question, however, is who earns the revenue. Arthur Hayes said simply recording an existing security on a blockchain may not create much value, calling it “better bookkeeping,” while Christian Magoon of Amplify ETFs sees infrastructure providers and distributors as potential winners. Jeff Dorman of Arca expects issuance to become commoditized, with stickier economics coming from trading, lending and collateral use, and names Securitize (SECZ), Hyperliquid, Aave and Aerodrome (AERO) as possible beneficiaries.
Related markets
Latest news
- Netflix has hit a wall — and Wall Street wants to know what's next
According to a Wall Street Journal report, Netflix has hit a wall: data from Antenna shows it added no net US subscribers in any month this year through the end of September, a claim Netflix disputes. The company has also changed content leadership, removing its head of content and film chief and naming Peter Rice, formerly of Disney and Fox, as content chief. Netflix has not disclosed subscriber numbers since 2025 and has dropped subscriber guidance, so investors are asking what its next catalysts are ahead of its earnings report after the close. The hosts also noted reports that Netflix is pursuing deals with major YouTube creators, but argued that creators may prefer YouTube's massive reach over exclusive streaming contracts.
- Parks Associates: 37% of Recent Home Security System Buyers are Renters as Apple Enters The Smart Home Market
A Parks Associates study of 8,000 US internet households finds that 37% of security system owners who bought within the past year are renters, versus 8% of those who purchased more than six years ago. Nearly one-third of recent buyers also moved during that period, making relocation an important trigger for purchases. The share of US internet households owning a security system rose from 31% in 2022 to 37%, and 36% pay for a security service. As Apple enters the market with cameras and video doorbells developed with LG and ADT handling installation, Parks analysts say providers offering affordable, easy-to-install, flexible systems will be better positioned to win renters. Professional monitoring has not been announced as part of the collaboration.
- Zelensky Lobbies US Senators to Pressure Trump
According to an Axios transcript, Ukrainian President Zelensky urged bipartisan US senators to pressure President Trump in an online meeting on Oct. 19 hosted by Republican Thom Tillis and Democrat Richard Blumenthal. He complained of disrupted weapons deliveries, satellite communications and early warnings of Russian missile attacks, arguing the administration was deliberately slowing support to push Ukraine toward a settlement with Russia. The backdrop is Trump's growing frustration over Ukraine's refusal to halt strikes on Russian oil refineries, which the White House says worsens the global diesel shortage and raises US fuel prices, as well as his Oct. 9, 2026 deal with Putin easing Russian diesel export curbs, which Ukraine condemned. Envoys Steve Witkoff and Jared Kushner reportedly warned Ukraine that US weapons and intelligence support means it should avoid attacks that hurt American consumers, which Ukrainian officials took as a threat to halt aid, though the administration denies issuing any ultimatum. Zelensky also accused War Secretary Pete Hegseth of delaying Patriot and AIM-9X missiles that NATO countries bought for Ukraine.
- Apple Schedules Launch Event For New Pro Macs Under Leadership Of John Ternus
Apple has scheduled a launch event for Oct. 28 in Los Angeles, and its invitation’s “Pro and tell” tagline points to high-end “Pro” devices with Apple’s own chips. Melius Research analyst Ben Reitzes expects new Macs, including a touchscreen notebook, though Apple has long resisted the idea of touchscreen Macs. It will be the third launch under CEO John Ternus, who took over from Tim Cook last month, and Reitzes sees the faster event pace as a meaningful shift from two events a year. Most of the Mac lineup is already refreshed, with the iMac the exception as it has not been updated since October 2024, and Macs accounted for 10% of last quarter’s revenue. Apple’s revenue reached $109.4 billion, up 16%, with Mac revenue up 29% to $10.4 billion, and the stock is up 26% this year.
- Warren Buffett's Berkshire Hathaway Compounded at More Than 19% a Year Over 6 Decades, Nearly Double the S&P 500's 10% Return. Can Investors Still Apply That Playbook Today?
The article looks at Warren Buffett's record at Berkshire Hathaway, which from 1964 to 2024 posted returns of 5,502,284%, or compounded annual growth of about 19.9%, versus 10.4% for the S&P 500 over the same six decades. The author argues that few investors can copy his exact playbook, but anyone can adopt his habits: buying companies they understand and believe in, such as Coca-Cola, holding investments for the long term, and steadily buying low-cost S&P 500 index funds rather than trying to beat the market by picking stocks.
- What could a Tesla-SpaceX merger earn? Cathie Wood's Ark Invest has a $2.7 trillion answer.
Cathie Wood's Ark Invest estimates that a combined SpaceX and Tesla could generate $3.8 trillion in sales and $2.7 trillion in operating profit by 2031, with SpaceX accounting for roughly 62% of sales and 69% of operating profit. That figure is far above current Wall Street forecasts of $43 billion in SpaceX sales and $107 billion in Tesla sales this year. Ark said Tesla's robotaxi network could help fund SpaceX's orbital data center plans, and that a merger could happen within five years. Dan Ives of Yorkville Ives put the chance of a Tesla-SpaceX merger by the end of 2027 at 80%.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.