Robinhood will not block shares from trading on OKXICE tokenized stock platform
Robinhood has confirmed it does not object to tokenized versions of its shares trading on OKXICE, becoming the third firm to support the venue as 56 of 62 proposed companies object.
Robinhood has confirmed it will not block its shares from trading on OKXICE, a planned tokenized stock trading platform jointly owned by cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange. Robinhood joins Securitize and BitGo as one of only three companies among 62 originally proposed to explicitly support or decline to object to having tokenized shares traded on the venue.[1][3]
The vast majority of proposed issuers have pushed back against the platform. According to a CoinDesk tally of the venture's public notice dated Nov. 5, 56 of the 62 companies—approximately 90%—have filed objections against trading tokenized versions of their shares.[1][2]
The opposition leaves only six companies without a publicly disclosed objection in the filing, all of which maintain close ties to the digital asset sector: Robinhood, Securitize, BitGo, stablecoin issuer Circle, crypto exchange Coinbase, and bitcoin treasury company Strategy.[1]
Key facts
- Robinhood confirmed it does not object to tokenized versions of its shares trading on OKXICE.
- OKXICE is a planned tokenized stock trading platform jointly owned by crypto exchange OKX and NYSE parent Intercontinental Exchange (ICE).
- Robinhood is the third company out of 62 proposed to publicly support or decline to block the platform, alongside Securitize and BitGo.
- Of the 62 companies originally proposed, 56—about 90%—have filed objections, according to a CoinDesk tally based on a Nov. 5 public notice.
- The six companies without disclosed objections are all crypto-linked firms: Robinhood, Securitize, BitGo, Circle, Coinbase, and Strategy.
Sources · 3 sources
- WB
Wu Blockchain@WuBlockchainPost on X ·
56 of 62 Firms Oppose OKXICE Tokenized Stock Plan; All Six Remaining Are Crypto-Linked Robinhood confirmed it does not object to its shares trading on OKXICE, a planned tokenized stock trading platform jointly owned by crypto exchange OKX and NYSE parent Intercontinental Exchange (ICE). It joins Securitize and BitGo as the third company to explicitly take that position. Of the 62 companies initially selected, 56 (about 90%) have filed objections, leaving just six without publicly disclosed opposition: Robinhood, Securitize, BitGo, Circle, Coinbase and Strategy, all closely tied to the crypto industry.
Open source - SI
Solid Intel 📡@solidintel_xPost on X ·
INTEL: 56 of 62 companies file objections to tokenized stock platform from OKX and NYSE parent ICE
Open source - CO
CoinDesk@CoinDeskPost on X ·
LATEST: @RobinhoodApp confirms it will not block OKXICE from trading tokenized versions of its shares, joining @Securitize and @BitGo as one of only three companies out of 62 originally proposed to publicly support the venue. https://t.co/5zzMgUtL4J
Open source