Broadcom, Verizon, and 7 other U.S. companies oppose the tokenized trading of their stocks on OKXICE.

PANews October 19 news, according to CoinDesk, OKXICE, the tokenized stock trading platform jointly established by OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, disclosed in an announcement released on October 15 that nine U.S.-listed companies have objected to their stocks being traded on the platform, including Broadcom, Verizon, UnitedHealth, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Applied Optoelectronics, as well as Cerebras Systems, which had previously opted out. The announcement did not explain the reasons for the objections. In addition, Nasdaq said it will choose not to have its own stock tokenized under the framework.

PANews October 19 news, according to CoinDesk, OKXICE, the tokenized stock trading platform jointly established by OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, disclosed in an announcement released on October 15 that nine U.S.-listed companies have objected to their stocks being traded on the platform, including Broadcom, Verizon, UnitedHealth, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Applied Optoelectronics, and Cerebras Systems, which had previously opted out. The announcement did not explain the reasons for the objections. In addition, Nasdaq said it will choose not to allow its own shares to be tokenized under the framework. OKXICE previously notified the SEC that it plans to rely on the SEC's five-year "innovation exemption" launched on September 17 to initially list tokenized stocks of 63 U.S.-listed companies.