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RWA Regulation

22 Issuers Object to OKX-ICE Tokenized Stock Venue; Wells Fargo, Arm, Intuit Among Them

Six more issuers have objected to OKX-ICE trading tokenized versions of their shares, bringing total objections to 22, Reuters reported. Under SEC rules, those objections keep the tokens off the venue. The latest objectors include Wells Fargo, Arm and Intuit.

Original source

AI take

The objection mechanism is doing the work here: under SEC rules, issuer pushback alone keeps these tokens off the venue, so the venue's expansion is effectively gated by corporate consent rather than by market demand. That shifts leverage toward issuers, and the growing list — now spanning banks and tech names — signals this is becoming a coordinated posture rather than isolated complaints. The open question is whether the venue pursues a different legal or structural route, or whether issuer objection remains a hard stop for tokenized equity distribution.

Generated by AI for reference only.

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