Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI

← Back to NewsDesk

AI summary of a third-party reportBearishNewsDesk

Microsoft, Alphabet and Goldman Sachs object to OKXICE tokenised stock listing

Seven more issuers have told the OKX-ICE venture they do not want tokenised versions of their shares traded on its planned venue, taking the disclosed total to 16 under the SEC's framework.

Why it matters: Issuer objections test whether the SEC's exemption can support tokenised equity trading when companies can opt out of having their shares listed onchain.

InvestIn.News NewsDesk · 1 min read
Share
Picture from CoinDesk for: Microsoft, Alphabet and Goldman Sachs object to OKXICE tokenised stock listing
Image: CoinDesk
Original reporting: Krisztian Sandor, CoinDesk

Key points

  • Microsoft, Alphabet, Goldman Sachs, Qualcomm, Caterpillar, McDonald's and Western Digital joined the objectors in a notice dated 19 Oct.
  • The disclosed tally rose to 16 companies from nine in the previous week's notice.
  • OKXICE announced its plans on 5 Oct under the SEC's five-year "Innovation Exemption", with 47 of the original 62 companies still without a disclosed objection.

CoinDesk reports that the additions appear in the joint venture's updated public notice dated 19 Oct, alongside Qualcomm, Caterpillar, McDonald's and Western Digital.

The new objections bring the disclosed total to 16 issuers, up from nine in the previous week's notice. The document does not give the companies' reasons or say when they objected. Earlier objectors include Broadcom, Verizon, UnitedHealth, CoreWeave, AppLovin, Applied Digital, Rocket Lab and Applied Optoelectronics.

OKXICE's original notice named 63 tickers covering 62 companies, with Alphabet listed through both share classes.

Read the full story on CoinDesk

Live updates on NewsFeeds:AltcoinsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of CoinDesk’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

← Back to NewsDesk