Six more companies, including Amazon, Tesla, SpaceX, Netflix, Lam Research and SoFi Technologies, have objected to OKXICE TSV trading their shares, according to an updated notice dated Nov. 2. The total has risen to 56, from nine on Oct. 15 and 50 in the Oct. 30 notice. Under the SEC's innovation exemption, a timely written objection bars the venue from listing a third-party tokenized version of that stock, though the objection applies only to that venue. Apple is one of the few megacap names still not on the list, and the venue can still list shares that issuers tokenize themselves.
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cryptotokenized stocksregulationTeslaSpaceX
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 11/02/2026 | 403.82 |
| Change that session | +1.00% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Microsoft, Nvidia, JPMorgan Among 50 US Giants Blocking Tokenized Shares on OKXICE
Fifty companies, including Microsoft, Nvidia and JPMorgan, have objected to tokenized versions of their shares trading on OKXICE. According to the article, timely objections block the affected third-party stocks.
- JPMorgan, Coca-Cola Among 7 More Companies Objecting to OKX-ICE Tokenized Stocks
JPMorgan Chase, Coca-Cola, Dell Technologies, Advanced Micro Devices, Adobe, Applied Materials and Sandisk have objected to OKXICE TSV listing tokenized versions of their shares in a notice dated Oct. 27, bringing the total number of objecting issuers to 33, up from 26 a day earlier. Under the SEC's innovation exemption, a timely written objection within 30 days prevents that specific venue from making the stock available for trading, though other venues are not affected. The notices do not give reasons, and earlier objectors include Microsoft, Alphabet, Goldman Sachs, Wells Fargo, Intel and Oracle. OKXICE TSV, a 50-50 joint venture between Intercontinental Exchange and OKX's U.S. holding company, plans 24/7 trading of tokenized U.S. stocks through permissioned Uniswap v4 pools on OKX's XLayer blockchain, paired with stablecoins such as USDC. Nasdaq has said it will opt its shares out of the exemption, while Nvidia, Tesla, Apple and Amazon have not objected so far.
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- Tokenized Stock Trading Has Been a Big Hit Overseas. So Why Are Some Publicly Traded Companies in America Objecting?
Robinhood has launched tokenized stock trading in over 120 countries this year but has not yet received U.S. approval. Tokenized stocks are blockchain tokens representing ownership of conventional shares that can be traded 24/7 across borders, yet holders lack voting rights and direct cash dividends because a custodian bank holds the underlying shares. Microsoft, Verizon and McDonald’s are among a growing list of large companies that have filed to bar tokenization of their shares, arguing platforms cannot issue synthetic versions without consent and that the practice compromises investor safety and corporate governance. In September, the SEC issued an “innovation exemption” letting qualifying platforms trade tokenized stocks in the U.S. for up to five years, but it requires equal rights for holders and gives companies 30 days to object. The article suggests Robinhood is unlikely to bring the feature to U.S. investors soon given nearly two dozen major objectors, though its overseas growth remains worth watching.
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Tokenized stock trading is growing fast overseas, according to Bitwise's latest quarterly report, with volume on Robinhood Chain rising from $526 million in July to $11.31 billion in September. Meanwhile, Goldman Sachs, Microsoft, Alphabet and other large U.S. companies have objected to having their shares traded as tokens on the OKXICE venue, bringing the total number of objectors to 16 as of Wednesday. The debate centers on whether token holders should receive the same economic and voting rights as shareholders, and the SEC's new U.S. pathway requires issuers to be able to object. ClearStreet analyst Owen Lau said some companies may eventually embrace tokenization for a broader investor base and 24/7 trading, while an Injective executive argued that until issuers see clear benefits, growth will keep happening abroad.
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