Microsoft, Alphabet, Goldman Sachs Join Growing List of Companies Objecting to Tokenized Stocks
Summary
Seven more companies, including Microsoft, Alphabet and Goldman Sachs, have objected to having their shares traded on the planned OKX-ICE tokenized stock venue, bringing the total to 16. The latest notice says the platform may offer tokens issued by companies themselves or outside parties, a change that could give issuers more control. The venue plans 24/7 trading through Uniswap v4 pools on OKX’s XLayer, with settlement in stablecoins. It expects to operate under the SEC’s innovation exemption, without some standard exchange and fair-access requirements. Nasdaq has opted its shares out of the exemption, citing concerns about price transparency and trade reporting.
