Apple and Meta Push Back Against OKX–ICE Stock Plans
Apple, Meta and dozens of other companies have objected to OKX–ICE’s plans to offer tokenized versions of their shares. Reports say 56 of the original 62 companies selected have rejected the proposal, leaving a potential roster that includes crypto-linked firms such as Strategy, Coinbase, Circle and Robinhood. Their absence from the objection list does not mean they have formally approved participation. The planned marketplace aims to enable 24/7 trading of tokenized US stocks settled in stablecoins under an SEC Innovation Exemption. The objections could limit its stock variety and liquidity, though other financial institutions are developing tokenization platforms, so resistance to this venture does not necessarily signal rejection of tokenized equities overall.
