According to CoinDesk, Intel, Oracle and IBM have formally objected to the OKX–ICE proposal to tokenize stocks on a blockchain platform. The notice from these three companies brings the total number of firms filing objections to 26 as the joint venture moves forward with testing a new SEC framework for blockchain‑based stock trading.
The objection notice cites concerns about regulatory compliance, market stability and operational risk associated with tokenized representations of publicly listed securities under the emerging SEC guidelines. No additional details on timing or specific technical requirements were provided in the public filing.
