Amazon, Tesla and SpaceX join wave of objections to OKX–ICE tokenized stock platform
Amazon, Tesla, and SpaceX are among 56 companies opposing plans by OKX and NYSE parent ICE to trade tokenized versions of their shares, causing nearly 80% of the platform's initial stock roster to opt out.
A growing list of major corporations has moved to block their shares from being traded on the planned OKX-ICE tokenized stock venue, backed by crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange. Amazon, Elon Musk's Tesla and SpaceX, Netflix, Lam Research, and SoFi have all lodged objections, according to reporting by Decrypt and CoinDesk.[2][3][5][6]
The pushback brings the total number of objecting companies to 56 as a deadline for the venture looms. According to Crypto Briefing, nearly 80% of the platform's original lineup of 62 proposed stocks have now faced resistance, with previous objections including shares tied to Nvidia, Microsoft, and JPMorgan.[3][4][5][6]
Key facts
- Amazon, Tesla, and SpaceX have joined corporate objections to the OKX-ICE tokenized stock initiative.
- Netflix, Lam Research, and SoFi have also objected to their shares trading on the venue.
- A total of 56 companies have now opposed the OKX-ICE tokenized stock platform.
- Nearly 80% of the platform's initial selection of 62 proposed stocks have opted out or faced objections, including Nvidia, Microsoft, and JPMorgan.
- The venture is backed by cryptocurrency exchange OKX and NYSE parent company ICE.
Sources · 6 sources
- BC
Bitcoin.com News@BitcoinNewsPost on X ·
Elon Musk's SpaceX and Tesla Join Amazon in Opposing OKXICE Tokenized Stocks Plan https://t.co/ZssWezWTp5
Open source - DE
Decrypt@DecryptMediaPost on X ·
Elon Musk’s Tesla and SpaceX Block Their Stock From OKX-ICE Tokenized Venue https://t.co/4jdZETnZE8
Open source - CO
CoindeskArticle ·
Amazon, Tesla and SpaceX join OKX–ICE tokenized stock objections as deadline looms Objections have reached 56 companies, with nearly 80% of the venture’s initial stock selection opting out.
Open source - CB
Crypto BriefingArticle ·
Amazon, Tesla and SpaceX join 56 companies opposing OKXICE tokenized stock plans The growing objections to tokenized stock trading highlight potential challenges for market adoption and issuer control over digital assets. The post Amazon, Tesla and SpaceX join 56 companies opposing OKXICE tokenized stock plans appeared first on Crypto Briefing .
Open source - DE
DecryptArticle ·
Elon Musk’s Tesla and SpaceX Block Their Stock From OKX-ICE Tokenized Venue Amazon, Tesla, SpaceX, Netflix, Lam Research, and SoFi objected to trading of their shares on the planned OKX-ICE tokenized stock venue, bringing the total to 56.
Open source - CB
Crypto Briefing@Crypto_BriefingPost on X ·
📉 NEW: Amazon, Tesla and SpaceX join 56 companies opposing tokenized stock trading on OKXICE, the venture backed by OKX and NYSE parent ICE. Nearly 80% of the platform's original 62 proposed stocks have now faced objections, including Nvidia, Microsoft and JPMorgan. https://t.co/dHniTqtaKr
Open source