Apple Completes the Set: Every Magnificent Seven Stock Opts Out of OKX-ICE Venue
Summary
Apple and Meta have joined five other Magnificent Seven companies in objecting to OKX and ICE’s planned tokenized-stock venue, bringing the total number of objecting issuers to 67. Under an SEC innovation exemption, companies can block a venue from offering tokenized versions of their shares by objecting within 30 days of notification. The 50-50 OKX-ICE venture plans round-the-clock trading through permissioned pools on OKX’s XLayer blockchain, with an outside firm holding matching real shares. It is unclear which major stocks will be available at launch; some crypto-friendly firms and other large companies have not appeared on the objection list, though it is unknown whether they were notified.
