Cointelegraph, citing a Friday Reuters report, said 22 companies had objected to tokenized listings on OKXICE, the proposed venture between OKX and Intercontinental Exchange. Six additional companies reportedly objected, with Wells Fargo, Arm Holdings and Intuit among the latest. The venture proposed 62 companies when filing with the SEC earlier in October. Nasdaq warned of potential market consequences, while OKXICE co-chair Andrew Cuomo attributed expected objections to reluctance to test the model first.
Andrew Cuomo attributed expected further objections to companies’ reluctance to be first to test the tokenized stock model.
CointelegraphCointelegraph, citing Friday Reuters reporting, said 22 companies had objected to proposed OKXICE tokenized US stock listings, including six additional objectors.
CointelegraphWells Fargo, Arm Holdings and Intuit reportedly joined the objections; 16 objecting companies were Nasdaq-listed, while six stocks were available on the NYSE.
CointelegraphOKXICE proposed 62 companies listing tokenized stocks in its SEC filing earlier in October 2026.
CointelegraphNasdaq’s September guidance warned that liquidity, price-discovery and long-term shareholder-value consequences might emerge only after the experiment began.
CointelegraphOn Tuesday, Andrew Cuomo said OKXICE expected more objections, attributing them to reluctance to test the model first; individual issuers’ reasons were not supplied.
CointelegraphLimitation: Issuers’ individual reasons are not supplied. Nasdaq warned of potentially delayed consequences for liquidity, price discovery and long-term shareholder value.
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