According to CoinDesk, Wells Fargo, Cisco and Marvell are among the latest companies to raise objections to OKXICE’s plan to tokenize shares of publicly traded stocks on its platform. Reuters reported that six additional firms have formally objected to having their stock issued as tokens through OKXICE, bringing the total number of companies filing concerns to 22. The objection relates specifically to listing tokenized versions of regular stock offerings on OKXICE’s venue. No details were provided about the nature of each company’s concern beyond the decision to object.
The announcement follows earlier reports that several institutional and publicly traded firms had expressed reservations about the regulatory, operational or market implications of tokenizing equity through a third‑party exchange platform. OKXICE has not commented on the feedback received from these companies.
