According to The Block, CoreWeave, Broadcom and Verizon are among nine companies that have objected to the tokenized trading of their shares on the platform OKXICE. Applied Optoelectronics communicated its objection to the Wall Street Journal, stating it was uncertain how tokenization would affect its stock price, liquidity and volatility. The objection reflects concerns about potential impacts on market dynamics related to price stability, trading depth and overall investor behavior. No additional details were provided regarding timing, platform response or regulatory context. The companies listed by The Block include CoreWeave, Broadcom, Verizon and Applied Optoelectronics, along with six other unnamed firms. All raised objections based on uncertainty around operational and market effects; no formal legal action or regulatory filing was mentioned. The notice pertains specifically to tokenized trading of shares on OKXICE and does not address broader share issuance or custody arrangements.
