Microsoft, Alphabet and Goldman Sachs have joined the companies objecting to tokenized stock trading on the planned OKXICE venue. An updated public notice dated Oct. 19, 2026, names seven additional objecting issuers, raising the disclosed total from nine to 16.
Key Takeaways
- Qualcomm, Caterpillar, McDonald’s and Western Digital also joined the objection list.
- Of the 62 companies originally proposed for trading, 15 have objected and 47 have no disclosed objection.
- OKXICE plans round-the-clock trading under an SEC framework that gives issuers an opportunity to object.
Table of Contents
- Seven additions narrow the proposed roster
- Tokenized stock trading framework permits objections
- Conclusion
Seven additions narrow the proposed roster
The latest notice expands the opposition disclosed by OKXICE, the planned venture between crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange. It does not explain the companies’ reasons or say when their objections were submitted.
The original proposal covered 63 tickers representing 62 companies, with Alphabet included through both share classes. Fifteen companies on that roster have now objected. The sixteenth objector, Cerebras Systems, was not part of the original proposed lineup.
Earlier objectors included Broadcom, Verizon, UnitedHealth, CoreWeave, AppLovin, Applied Digital, Rocket Lab and Applied Optoelectronics.
Tokenized stock trading framework permits objections
The Securities and Exchange Commission’s framework, unveiled in September, allows qualifying venues to trade tokenized U.S. stocks through automated market makers and liquidity pools while giving issuers an opportunity to object.
OKXICE announced its plans on Oct. 5, seeking to operate under the SEC’s five-year Innovation Exemption. The venue plans to offer round-the-clock, stablecoin-settled trading in tokens backed one-for-one by shares, with equivalent dividend and voting rights.
Conclusion
The updated notice leaves 47 companies from OKXICE’s original roster without a disclosed objection. That figure does not establish their approval, and the trading venue remains planned.
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