Elon Musk’s Tesla and SpaceX Block Their Stock From OKX-ICE Tokenized Venue

Elon Musk’s Tesla and SpaceX Block Their Stock From OKX-ICE Tokenized Venue

Summary

Tesla, SpaceX, Amazon, Netflix, Lam Research and SoFi have objected to OKXICE TSV offering third-party tokenized versions of their shares, bringing the total number of objecting companies to 56. Under the SEC’s innovation exemption, the venue must notify issuers, which can block a listing by objecting in writing within 30 days. The objection applies only to that venue. OKXICE, a joint venture between Intercontinental Exchange and OKX’s U.S. holding company, plans to offer tokenized U.S. stocks around the clock through permissioned Uniswap v4 pools on XLayer, with identity checks and stablecoin trading. It says issuer-tokenized shares may still be listed.