📌 Tokenized U.S. Stocks Face Setback as 22 Public Companies Object to OKX-ICE According to an October 23 announcement from OKX-ICE, the number of companies objecting has grown from an initial nine to 22. They include Microsoft, Alphabet, and Goldman Sachs. The six latest additions are Arm, Wells Fargo, Moderna, Cisco, Intuit, and Marvell. OKX-ICE is a joint venture between OKX and Intercontinental Exchange (ICE). The objections concern the planned trading of the companies’ stock tokens on the platform. Under the applicable rules, once an issuer submits a valid written objection, the corresponding token cannot be listed for trading. The announcement did not disclose the companies’ specific reasons for objecting. As tokenized stocks move toward broader adoption, liquidity, price alignment, shareholder protections, and the allocation of responsibilities remain key challenges. #OnCoin# #TokenizedStocks# #RWA# #Crypto#