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Microsoft, Google Among 16 Companies Opposing Tokenized Trading of Their Stocks on OKX-ICE Joint Platform

Oct 21, 00:09

On October 20, OKXICE TSV, a tokenized stock trading platform 50% owned by OKX and 50% by Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, issued a public notice on October 19 stating that 16 US-listed companies have submitted objections opposing the trading of their stocks on the platform, up from the 9 disclosed in the October 15 announcement. Newly added companies include Microsoft, Google parent Alphabet, Goldman Sachs, Qualcomm, Caterpillar, McDonald's, and Western Digital, joining the previously listed Broadcom, Verizon, UnitedHealth, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Applied Optoelectronics, and Cerebras Systems. The notice shows that the platform uses permissioned Uniswap v4 AMM pools on X Layer, with tokenized stocks paired against USDC, USDG, or USDT, offering 24/7 trading with no leverage or lending.