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.
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Original headline: Why Some of America’s Biggest Companies Are Objecting to Tokenized Shares
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