26 Issuers Oppose OKX-ICE Stock Tokenization Plan
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According to reports, the SEC issued an order on September 17, 2026, allowing trading platforms to offer tokenized versions of NYSE- or Nasdaq-listed stocks under an exemption arrangement through September 17, 2031; issuers had 30 calendar days to submit written objections. Subsequently, IBM, Oracle, Intel, and IonQ told the SEC they opposed OKX-ICE offering third-party tokenized versions of their stocks, bringing the total number of issuers opposing the plan to 26. SIFMA recommended instead requiring explicit consent from issuers and establishing a centralized objection system, while extending the objection period to 90 days.
AI-written from reports · updated 2 hours ago
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- CryptopolitanIBM, Oracle and Intel join opposition, 26 issuers block OKXICE tokenized stocks
IBM, Oracle, Intel and IonQ have told the SEC that they oppose OKXICE offering third-party tokenized versions of their stocks, bringing the number of issuers opposing the plan to 26. The SEC’s September 17 order allows trading platforms to offer tokenized versions of stocks listed on the NYSE or Nasdaq under an exemption through September 17, 2031; the period for issuers to submit written objections is currently 30 calendar days. SIFMA recommends requiring explicit issuer consent, establishing a centralized objection system, and extending the period to 90 days.
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