Public companies object to OKX-ICE’s tokenized stock plan
Nine companies, including Broadcom, Verizon and Rocket Lab, formally objected to having their shares offered on a proposed tokenized-stock platform backed by OKX and ICE. The reason was not disclosed. SEC rules require tokenized venues to notify issuers and give them a chance to object before listing third-party tokenized stocks. Industry observers said the objections may reflect concerns about unauthorized listings, pricing integrity and market manipulation rather than opposition to tokenization itself. The objections highlight the need for issuer consent and reliable evidence that tokenized markets price shares efficiently. More than $754 million moved onchain over the past 30 days, bringing stablecoins and tokenized assets to $320 billion, according to OnchainBenchmark.
