According to CoinDesk, JPMorgan, Coca-Cola, Dell and several other firms have formally declined participation in the OKX‑ICE proposal to list their shares on a blockchain‑based trading venue. The objection follows earlier announcements from the venture’s original roster of companies.
Nearly half the companies that were originally included in the venture’s roster have now expressed opposition to having their shares traded on the planned blockchain‑based platform. The response indicates a broader pattern of reluctance among listed participants.
The OKX‑ICE tokenized stock trading plan sought to offer a venue where company equity could be issued and exchanged via a distributed ledger. Despite initial interest from some investors, the majority of the original corporate partners have now said “no” to the arrangement.
