WuBlockchain
Nine companies have objected to tokenized trading of their shares on OKXICE, including Cerebras, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Verizon, Applied Optoelectronics, Broadcom and UnitedHealth. The objections were disclosed in an OKXICE public notice dated October 15, meaning the shares will not be offered on the platform's tokenized trading service.
Why it matters
The decision puts issuer consent and compliance at the center of tokenized-equity expansion. OKXICE LLC is owned 50% by ICE, the parent company of the New York Stock Exchange, and 50% by OKC USA.
Market impact
OKXICE plans to offer 24/7 tokenized U.S. equity trading through a permissioned Uniswap v4 automated market maker on XLayer. The nine objections show that access to public-company shares remains dependent on issuer participation, even as financial firms build blockchain-based trading infrastructure.
Source: [source](https://www.okx.com/cdn/assets/files/2610/F085D8D65135AB9C.pdf)
Frequently asked questions
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Which companies objected to tokenized trading on OKXICE?
The companies are Cerebras, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Verizon, Applied Optoelectronics, Broadcom and UnitedHealth.
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What is the result of the issuer objections?
The nine companies' shares will not be offered for tokenized trading on OKXICE's tokenized trading service.
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Who owns OKXICE LLC?
ICE, the parent company of the New York Stock Exchange, owns 50% of OKXICE LLC. OKC USA owns the remaining 50%.
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How does OKXICE plan to offer tokenized U.S. equities?
OKXICE plans to offer 24/7 tokenized U.S. equity trading through a permissioned Uniswap v4 automated market maker on XLayer.
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What issue do the objections highlight for tokenized equities?
They highlight the importance of issuer consent and compliance for platforms seeking to represent public-company shares through tokenized trading.
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