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Nasdaq reportedly urged listed firm to oppose tokenized trading on OKXICE

A representative from Nasdaq reached out to a listed company advising it to object to tokenized trading of its shares on OKXICE, according to a direct message shared by reporter Jacquelyn Melinek.

Screenshot of a direct message from a Nasdaq-listed company executive regarding Nasdaq outreach opposing OKX tokenized trading.
Image: @jacqmelinek

Nasdaq has been reaching out to companies listed on its exchange to urge them to oppose the tokenized trading of their stocks on OKXICE, according to information shared by reporter Jacquelyn Melinek.[3][2]

Melinek published a screenshot of a direct message from an executive at a Nasdaq-listed company detailing the exchange's outreach. According to the message, the company's Nasdaq representative contacted them regarding an OKX listing, suggested that the company object, and offered to schedule a call to explain why. In the message, the executive stated that "NASDAQ is definitely partly behind this."[3][1]

Melinek also reported that 38 companies have opted out of tokenized trading of their shares on OKXICE so far.[3][1]

Key facts

  • Reporter Jacquelyn Melinek published a direct message from an executive at a Nasdaq-listed firm regarding Nasdaq's stance on tokenized share trading.
  • A Nasdaq representative reportedly contacted the firm suggesting it object to tokenized trading of its shares on OKXICE and offered a call to discuss the reasons.
  • The unnamed executive stated in the message that "NASDAQ is definitely partly behind this."
  • A total of 38 companies have opted out of having their shares traded as tokenized assets on OKXICE.

Sources 路 3 sources

  1. DN

    DEGEN NEWS@DegenerateNewsPost on X 路

    NEW: @Nasdaq REPORTEDLY URGED A LISTED COMPANY TO OBJECT TO TOKENIZED TRADING OF ITS SHARES ON @okx AND @ICE_Markets - PER @jacqmelinek AN EXEC TOLD HER: "NASDAQ IS DEFINITELY PARTLY BEHIND THIS" 38 COMPANIES HAVE OPTED OUT SO FAR https://t.co/akQ1rE340D

    Open source
  2. SI

    Solid Intel 馃摗@solidintel_xPost on X 路

    INTEL: Nasdaq is lobbying listed companies to oppose OKX and ICE tokenizing their stocks

    Open source
  3. JM

    Jacquelyn Melinek@jacqmelinekPost on X 路

    馃毃BREAKING: A Nasdaq-listed company exec told me their rep reached out suggesting they object to tokenized trading of their shares on OKXICE and offered to hold a call to discuss why. 38 companies have now opted out. Here's the DM: https://t.co/BG6kaEABAA

    Open source