Major U.S. firms object to tokenized share trading on OKX‑ICE platform

According to Decrypt, nine U.S. companies—including Verizon, Broadcom and UnitedHealth—have raised objections to having their shares listed on the proposed OKX‑ICE tokenized stock venue. The objection concerns the planned offering that would allow these firms’ equity to be traded as digital tokens rather than traditional shares.

The announcement follows discussions between OKX and the Intercontinental Exchange (ICE) about creating a market where publicly traded stocks could be represented by blockchain‑based tokens. Representatives of the nine companies indicated they prefer the current share‑trading framework for regulatory, operational and market‑liquidity reasons.

No details were provided regarding the specific concerns raised; the source only notes that the companies have objected to participation in the tokenized venue. The objection does not affect existing share listings or ongoing trading under traditional mechanisms.