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Verizon, Broadcom, UnitedHealth Among Nine Firms Objecting to OKX-ICE Tokenized Stock Venue

Nine companies, including Verizon, Broadcom and UnitedHealth, have objected to their shares being traded on the planned OKX-ICE tokenized stock venue. The objections target the platform’s plan to offer tokenized versions of their equity. The venue is a joint effort between crypto exchange OKX and Intercontinental Exchange (ICE).

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AI take

The pushback from established issuers like Verizon, Broadcom and UnitedHealth signals that tokenized equities face a corporate-governance hurdle, not just a regulatory one. Companies appear unwilling to see their shares wrapped and traded on a crypto venue without consent, which could complicate OKX-ICE's ability to list blue-chip names. The open question is whether the venue can proceed with disputed tickers or must rely on issuers that opt in, and how ICE's involvement shapes that negotiation.

Generated by AI for reference only.

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