Intel, IBM, Oracle and IonQ have objected to having their US shares listed as tokenized stocks on a proposed exchange backed by cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE).
Tokenized stocks objections reach 26 companies
An October 26, 2026 update to the proposed OKXICE exchange identified the four companies as the latest to object. In total, 26 companies have filed objections, including Alphabet, Wells Fargo and Goldman Sachs.
The venture originally proposed listings for tokenized shares of 62 companies in its filing with the US Securities and Exchange Commission. The listings remain proposed, rather than completed.
SEC exemption and exchange guidance
The proposal followed the SEC’s approval of temporary innovation exemptions allowing Tokenized Securities Venues to offer limited trading in tokenized National Market System stocks.
In September, Nasdaq advised companies to be cautious about participating under the exemption. That month, the exchange invested $100 million in Kraken parent Payward as part of its own push into tokenized assets.
Andrew Cuomo, the former New York governor and co-chair of the tokenization venture, described some objections as a natural response and said he expected more companies to object.
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