Seven companies including Microsoft, Alphabet, and Goldman Sachs oppose the listing of their stocks on the OKX-ICE tokenized trading platform.

On October 20 that, according to CoinDesk, seven companies including Microsoft, Alphabet, and Goldman Sachs have opposed the trading of tokenized versions of their stocks on the OKXICE platform, a joint initiative planned by OKX and Intercontinental Exchange (ICE), bringing the number of publicly disclosed opposing issuers to 16.

The newly added opponents also include Qualcomm, Caterpillar, McDonald’s, and Western Digital. The initial OKXICE announcement covered 63 ticker symbols corresponding to 62 companies; currently, 15 of these have raised objections. Furthermore, Cerebras Systems, though not on the original proposed listing roster, has also filed an objection.

Previously, other companies including Broadcom, Verizon, UnitedHealth, CoreWeave, AppLovin, Applied Digital, Rocket Lab, and Applied Optoelectronics had already raised objections. OKXICE plans to operate under the SEC’s five-year “Innovation Exemption.” This framework permits eligible platforms to facilitate the trading of tokenized US equities through automated market makers and liquidity pools, while preserving the right of issuers to file objections.