Intel, IBM, Oracle and IonQ Join Opposition to OKX-ICE Tokenized Stock Platform
Four more firms have objected to the OKX-ICE plan to offer tokenized versions of U.S.-listed shares, raising the number of opposing companies to 26.
AfroEuropa Newsroom
AfroEuropa desk
Intel, IBM, Oracle and IonQ have objected to a proposal by cryptocurrency exchange OKX and Intercontinental Exchange (ICE) to offer tokenized versions of their U.S.-listed shares, according to an updated regulatory notice. The four additions bring the total number of opposing companies to 26.
The planned venture, referred to as OKXICE, is intended to allow tokenized U.S. stocks to be traded on-chain on a round-the-clock basis. The joint venture is preparing to test the U.S. Securities and Exchange Commission's new framework for blockchain-based stock trading, CoinDesk reported.
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JPMorgan, Coca-Cola and Dell Join Opposition to OKX-ICE Tokenized Stock Plan
Seven more firms have objected to a joint venture between OKX and Intercontinental Exchange to trade tokenized versions of their shares, raising the total to 33.
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