Press Enter to search · ESC to close

RWA Regulation

Nine US issuers object to OKXICE tokenized-stock plan

Nine US-listed issuers including Broadcom, Verizon, UnitedHealth and CoreWeave filed written objections with OKXICE against the tokenization of their shares, the ICE-OKX joint venture said in an Oct. 15 public notice. The platform had planned to list 63 US stocks under the SEC’s five-year innovation exemption, which gives issuers a 30-day per-venue objection right; silence is treated as consent. The objections bind only OKXICE, not other venues.

Original source

AI take

The objections expose the central fault line in tokenized equities: issuers, not platforms, can effectively veto listings under the exemption's per-venue objection right, and silence counting as consent gives them a low-cost way to block. The scope matters — these objections bind only OKXICE, so the precedent is venue-specific rather than a market-wide bar, which may push tokenization toward venues with fewer issuer conflicts. Whether more issuers follow, and whether the 30-day silence-as-consent default becomes the real battleground, is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback