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cryptotokenizationOKXWalmartEli Lilly
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/28/2026 | 81,343.50 |
| Change that session | +0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- 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.
- Walmart Blocks Its Stock From OKX-ICE Tokenized Trading Venue
Walmart, Eli Lilly, Cigna Group, Carnival and Arcos Dorados have objected to their shares being offered on OKXICE TSV, according to its Oct. 28 notice. The number of objecting companies has risen from nine on Oct. 15 to 38, spreading into retail, health care and travel. Under the SEC's innovation exemption, a timely written objection bars the venue from listing a third-party tokenized version of that company's stock; the objection applies only to this venue, and the notices do not disclose reasons. OKXICE TSV, a 50-50 joint venture of Intercontinental Exchange and OKX's U.S. holding company, plans 24/7 trading of tokenized U.S. stocks through Uniswap v4 pools on XLayer, paired with stablecoins such as USDC, with caps of 0.25% of average daily volume for 75 large stocks and 2.5% for up to 250 others. Nvidia, Tesla, Apple and Amazon have not objected yet.
- Walmart Blocks Its Stock From OKX-ICE Tokenized Trading Venue
Walmart, Eli Lilly, Cigna Group, Carnival and Arcos Dorados have objected to their shares being offered on OKXICE TSV, raising the total number of objecting companies to 38 from nine initially and extending the pushback into retail, health care and travel. Under the SEC's innovation exemption, if a company objects in writing within 30 days, the venue cannot make a tokenized version of its stock available for trading. OKXICE TSV, a 50-50 joint venture of Intercontinental Exchange and OKX, plans to let approved users trade tokenized U.S. stocks 24/7 on the XLayer blockchain; the exemption caps it at 75 of the largest stocks, limited to 0.25% of each stock's average daily volume, and up to 250 others at 2.5%. Major names such as Nvidia, Tesla, Apple and Amazon have not objected yet, so the list may still change.
- Intel, IBM, Oracle and IonQ latest to object to OKX-ICE tokenized stocks
Intel, IBM, Oracle and IonQ have objected to having their U.S. stocks listed in tokenized form on the exchange proposed by cryptocurrency exchange OKX and ICE, the parent of the New York Stock Exchange. With these four additions, 26 companies have now filed objections, including Alphabet, Wells Fargo and Goldman Sachs. The proposal came weeks after the SEC approved temporary innovation exemptions for tokenized U.S. stocks, under which Tokenized Securities Venues (TSVs) can offer limited trading in tokenized NMS stocks. Many companies opting out have U.S. listings on Nasdaq and the NYSE, and Nasdaq advised issuers in September to be “cautious” about participating. OKXICE initially proposed 62 companies listing tokenized stocks, so about 41% have chosen not to participate as of Monday. Co-chair Andrew Cuomo, a former New York governor, said objecting was a “very natural response” and he expects more names to be added.
- Nine Public Companies Object to OKX-ICE Tokenized Stock Plans
Nine public companies, including Cerebras Systems, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Verizon, Applied Optoelectronics, Broadcom and UnitedHealth Group, have objected to their shares being offered as blockchain tokens on a proposed platform backed by OKX and Intercontinental Exchange, according to a notice from the two firms, which gave no reasons. The joint venture, co-chaired by former New York Governor Andrew Cuomo, filed with the SEC on October 4 under the September 17 Innovation Exemption, which lets qualifying venues trade tokenized securities without registering as traditional exchanges. The proposal names more than 60 companies, including Nvidia, Tesla, Apple, Microsoft, Coinbase and Robinhood, with trades settled in stablecoins on OKX's XLayer blockchain after identity and sanctions checks. Companies have 30 days to object, and any objection stops the venue from listing that company's tokenized shares.
- Nasdaq-listed Canton Strategic Holdings plans tokenized stock trading from Nov. 2
Nasdaq-listed Canton Strategic Holdings, formerly Tharimmune, plans to tokenize its common shares on the Canton Network, with trading possibly starting Nov. 2. Partners TSV LLC, a trading venue for tokenized securities, and Fairmint, an SEC-registered transfer agent that will keep ownership records and oversee compliance, are supporting the rollout. The tokenized shares would carry the same shareholder rights as the Nasdaq-listed stock, with round-the-clock trading through an automated market maker and immediate settlement, under the SEC's September innovation exemption. The company shifted to digital assets in November 2025 after raising $545 million, and it holds Canton Coin and invests in Canton Network projects, though it is not the network's developer, Digital Asset. At last look, CNTN was up more than 4.5% at about $2.13, with a market cap of $170 million.
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