# Nine US Firms Block Tokenization of Their Shares on OKXICE Major corporations reject tokenized trading on the new OKX and ICE joint platform. - **Source:** [INCRYPTED](https://brifing.si/source/7cd4625d-3f08-4cc1-983d-4c7d991839ba) - **Published:** 2026-10-19 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/23ec9451-985a-474b-bdd0-941b8a1be96b ## Formal Opposition to Tokenization Nine prominent US companies, including Broadcom, Verizon, and CoreWeave, have formally objected to the listing of their tokenized shares on the OKXICE platform. This joint venture between OKX and Intercontinental Exchange received these notices on October 15, 2026. The issuers are exercising their right to block unauthorized digital asset representations. ## Concerns Over Market Integrity Applied Optoelectronics, among the objectors, cited significant concerns regarding the impact of tokenization on share price stability, liquidity, and overall market volatility. The company fears that investors might incorrectly assume the issuer has endorsed or issued these digital assets, potentially leading to confusion regarding the firm's actual financial involvement. ## Regulatory Framework for Opt-Outs The SEC established a five-year experimental regime on September 17, 2026, allowing platforms to trade tokenized stocks without traditional exchange registration. Crucially, this framework mandates a 30-day notification period, granting issuers the legal authority to veto the listing of their assets. This mechanism ensures companies maintain control over their equity representation. ## Broader Industry Skepticism Nasdaq has adopted a similar stance, rejecting the tokenization of its own shares under the new SEC rules. The exchange cited risks associated with trading outside traditional market infrastructure, where established requirements for price transparency and quote disclosure apply. This highlights a growing divide between traditional market operators and emerging digital platforms. ## OKXICE Launch Strategy Continues Despite the opposition from these nine firms, OKXICE plans to proceed with listing dozens of other major US companies, including Nvidia, Apple, and Microsoft. The platform intends to leverage the X Layer network and Uniswap v4 liquidity pools. Trading will be conducted in pairs against stablecoins like USDC, USDG, and USDT. ## Access and Verification Protocols To participate in trading on the OKXICE platform, users must complete mandatory identity verification and rigorous sanctions screening. Upon successful clearance, participants receive a non-transferable Soulbound Token, which serves as a digital credential authorizing their access to the platform. The specific launch date for these operations remains officially undisclosed by management. ## Competitive Landscape and Expansion The market for tokenized securities is rapidly evolving, with firms like Securitize launching similar products on the Solana network. Securitize plans to expand its offerings to both OKXICE and a digital platform operated by the NYSE. This indicates a broader industry push toward integrating blockchain technology into traditional equity market infrastructures. ## Historical Context of Conflicts The current tension mirrors previous disputes, such as the conflict between Robinhood and AMC Entertainment regarding unauthorized tokenized assets. In that instance, the lack of issuer participation led to significant speculative activity and price deviations from underlying shares. These historical precedents drive the current caution among major US corporate issuers today. ## Sources covering this story - https://incrypted.com/devjat-amerykanskyh-kompanyj-vystupyly-protyv-tokenyzatsyy-svoyh-aktsyj-na-platforme-okxice/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._