okx

The tokenized-stock saga has reached the point where publicly traded companies are saying no en masse. Regulatory filings disclosed by Reuters on October 23 show that six more companies have opposed OKXICE, a joint venture between OKX and NYSE parent ICE: Wells Fargo, Arm, Intuit, Cisco, Moderna, and Marvell. That brings the total number of objectors from 16 to 22—16 listed on Nasdaq and six on the NYSE. Microsoft, Alphabet, Goldman Sachs, and McDonald’s were already on the list. Under the SEC’s innovation exemption rules, the platform must notify issuers in advance, and an issuer’s objection blocks its shares from being listed. This means the planned lineup of more than 60 stocks has already been cut by about a third before launch. OKXICE co-chair Andrew Cuomo says the opposition was expected, with everyone wanting to wait and see. But the reality is that Wall Street may be open to 24-hour trading and instant settlement, yet no one wants to be the first guinea pig. Tokenization isn’t a technology problem; it’s a trust problem. Without issuers’ approval, even the slickest on-chain setup is no use. #代币化股票 #OKX

Wells Fargo and 5 Companies Oppose OKX-ICE Tokenized Stock List

- 22 companies have filed objections to the OKX-ICE tokenized stock platform
- The proposed partnership would place the platform under the SEC’s innovation exemption
- A new report on regulatory barriers to stock tokenization in the crypto market
#BinanceSquare #CryptoNews #OKX-ICE #TokenizedStocks

$okx-ice

#vlikevn Titanbot

Source: CoinTelegraph

Wells Fargo and 5 other companies oppose OKX-ICE tokenized stock list

- 22 companies have filed objections to the tokenized stock platform project being jointly developed by OKX and ICE
- The objections were filed under the SEC’s innovation no-action relief
- The companies include Wells Fargo and 5 other institutions
#BinanceSquare #CryptoNews #OKX #ICE #Tokenization SEC Stocks

$okx $ice

vlikevn Titanbot

Source: CoinTelegraph

Wells Fargo and 5 other organizations oppose OKX-ICE's tokenized stock listing

• Six financial institutions, including Wells Fargo, have filed objections to the tokenized stock platform proposed by the OKX-ICE joint venture.
• The objections were filed under the SEC’s innovation exemption for startups.
• The move could affect plans to list tokenized products based on U.S. stocks.
#BinanceSquare #CryptoNews #OKX #ICE

$btc $eth

#vlikevn Titanbot

Source: CoinTelegraph

Wells Fargo and five firms oppose OKX-ICE stock tokens

- Wells Fargo and five other firms oppose them.
- OKX-ICE tokenized stock listings.
- As of Friday, 22 companies had filed objections.
- Joint venture tokenized stock platform.
- SEC innovation exemption.

#BinanceSquare #CryptoNews #OKX #ICE

$btc $eth

#vlikevn Titanbot

Source: CoinTelegraph

Saw this on CryptoBriefing / Reuters: six more companies have said no to the U.S. stock tokenization plans of OKXICE, the OKX×ICE joint venture platform, bringing the total number of objectors to 22.

The key details: the latest batch includes Wells Fargo, Arm, and Intuit; previous objectors include Microsoft, Alphabet, Goldman Sachs, Qualcomm, Caterpillar, McDonald’s, Western Digital, and others. OKXICE plans to cover around 63 U.S. stocks under the SEC’s “innovation exemption”—the platform must notify issuers in advance, and an objecting issuer’s stock cannot be listed. The announcement did not give reasons for the objections.

Co-chair Cuomo called the objections “a very natural reaction,” saying the framework was designed to let companies choose for themselves. Nasdaq, meanwhile, supports tokenization in principle but warns that inconsistent rules could fragment liquidity. The objections apply only to this proposed venue; they don’t amount to a blanket rejection of stock tokenization.

#代币化 #OKX #Regulation

Wells Fargo and 5 Companies Oppose OKX-ICE Listing Tokenized Stocks

- Wells Fargo and five other companies have opposed OKX-ICE's listing of tokenized stocks.
- As of Friday, 22 companies had filed objections to the joint venture's proposed tokenized stock platform under the SEC's innovation exemption.
- Details about the reasons for the objections were not included in the RSS bulletin.
#BinanceSquare #CryptoNews #OKX #ICE #TokenizedStocks

$okx

vlikevn Titanbot

Source: CoinTelegraph

OKX-ICE: Opposition to tokenized stocks is a natural reaction

- OKX-ICE is a joint venture between crypto exchange OKX and Intercontinental Exchange (ICE).
- Andrew Cuomo, vice chairman and former New York governor, commented on plans to tokenize stocks.
- Cuomo said businesses’ opposition is a natural reaction.
- Businesses are expected to wait and see for now.
- The RSS source provided no further details.

#BinanceSquare #CryptoNews #OKX #ICE #RWA

$btc $eth

vlikevn Titanbot

Source: CoinDesk

The list of companies rejecting tokenized stock trading on OKX continues to grow.

A total of 16 issuers have now formally requested not to be listed on the platform under the SEC framework.

Seven more names recently joined Microsoft, Alphabet, and Goldman Sachs.

It’s interesting to see how the traditional financial sector is keeping its distance from these models.

What do you think of this mass rejection by companies?

$BTC #OKX #SEC

Nine public companies have formally objected to having their shares offered in tokenized form on the platform backed by OKX and Intercontinental Exchange. The firms named are Cerebras Systems, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Verizon Communications, Applied Optoelectronics, Broadcom and UnitedHealth Group. Under the SEC’s Sept. 17 innovation exemption, tokenized venues must give issuers written notice and a chance to object before listing third‑party tokenized stocks. The notice from OKX and ICE did not state the reasons for the objections. Industry observers say the pushback shows issuers want clarity on how prices will be formed on a public blockchain before they consent. Separate data from OnchainBenchmark shows that more than $754 million of capital moved onchain in the past 30 days, bringing the total for stablecoins and tokenized assets to $320 billion.

#TokenizedStocks #OKX #ICE

🎯 OKX is the only exchange attracting funds across the board

📰 DeFiLlama data: OKX reserves stand at $34.2 billion, up 10% in 24 hours. Binance is at $169.3 billion, down 0.68%, while Bybit and Bitfinex are also shrinking

💬 Everyone’s talking about withdrawing their money, but OKX is bucking the trend with a 10% increase. Either people are genuinely moving funds there, or the figures have been massaged. This kind of countertrend move is worth watching for a couple more days

🏷️ #OKX #交易所储备 #DeFiLlama

So you can’t even put someone else’s stock on-chain without them objecting?

The Information reported yesterday that nine publicly traded companies, including CoreWeave, Broadcom, Verizon, and UnitedHealth, have formally opposed OKXICE—a joint venture between OKX and ICE, the parent company of the New York Stock Exchange—putting their stocks on-chain as tokens for trading.

The dramatic part: ICE itself—the parent company of the NYSE—is moving into 24/7 on-chain U.S. stock trading, with 63 stocks slated to run in its v4 permissioned pool at $UNI . In September, the SEC granted a five-year innovation exemption, with the rules spelled out clearly: issuers can object within 30 days, and each objection means one fewer stock.

The big question: After all these years of talking about “putting everything on-chain,” when it comes time to sign on the dotted line, even the biggest U.S. companies won’t give the green light. Is tokenized U.S. stock just a new toy for crypto, or a backdoor into Wall Street?

#股票代币化 #OKX #U.S. stocks
$BTC

OKX just raised money it says it didn't need, from companies it already pays.

On Oct 6, CEO Star Xu confirmed a strategic round at a $25B pre-money valuation, extending the March round led by ICE, the NYSE parent. The new backers: Circle, Ripple, Standard Chartered's SC Ventures and hedge fund Qube Research & Technologies. The amount wasn't disclosed. $OKB jumped about 7.7% on the news.

Xu's framing is unusual: OKX didn't bring them in for cash, but for partners who share its long-term plans.

Look at who those partners are:
- Circle issues USDC, which OKX lists and distributes.
- Ripple issues RLUSD, which OKX lists and distributes.
- QRT is an institutional trading counterparty on OKX.
- Standard Chartered is custodian for BlackRock's BUIDL tokenized fund.

So the round mostly turns suppliers into shareholders. That aligns incentives, but it also blurs lines. When an exchange decides which stablecoin gets the best placement, the best yield campaigns or the default trading pair, two of its newest investors are stablecoin issuers.

The undisclosed amount matters too. A "$25B valuation" with no published check size tells you more about positioning than about price discovery.

The fair counterpoint: strategic money from regulated partners can make an exchange safer and more institution-ready, and with ICE already on the cap table, OKX is clearly building toward TradFi-grade infrastructure.

Is this OKX building a Wall Street-ready exchange, or stablecoin issuers buying a seat at the distribution table?

Like and follow for more takes on the deals behind the headlines.

#OKX #Stablecoins

OKX launched OKX Money, an app that converts 50+ local currencies into digital dollars and lets users spend by card, per CoinDesk and Cointelegraph. $OKB is one of today's few green large caps.

Who wins the stablecoin savings race?

A) Exchanges with huge user bases
B) Payment giants backing their own dollar tokens
C) Banks, once the rules are clear

💬 Drop your pick below.

#Stablecoins #OKX

NYSE's parent company and OKX just filed to trade tokenized US stocks 24/7.

OKXICE, a 50/50 joint venture between ICE and OKX, notified the SEC on Oct 4 that it plans a Tokenized Securities Venue for 63 NYSE-listed names, including Nvidia, Apple, Microsoft, Tesla and JPMorgan. It runs under the SEC's new five-year "Innovation Exemption", issued Sept 17, which lets permissioned on-chain venues trade tokenized stocks without registering as an exchange.

How it works:
- Tokens must be backed by the underlying shares, minted and redeemed through the tokenizer's broker-dealer, in dollars or an approved payment stablecoin.
- Trading happens in permissioned Uniswap v4 pools on OKX's XLayer.
- Access is gated by non-transferable "soulbound" tokens issued after KYC/AML.
- Issuers get a 30-day window to object, so the earliest launch is early November.

Here's what deserves a harder look:
- It's opt-out, not opt-in. The companies whose stock gets tokenized didn't ask for this; they just get 30 days to say no.
- When NYSE is closed, price discovery for Apple moves into an AMM pool. Weekend news, thin liquidity, and a Monday open can make for ugly gaps.
- "DeFi" here means Uniswap code inside a walled garden. Permissioned pools with KYC tokens are closer to a new exchange than to open finance.

The fair counterpoint: backing by real shares, a regulated broker-dealer, and NYSE's parent behind it is a far stronger setup than the offshore "stock tokens" retail has been using.

Would you trade Nvidia on a Sunday night in an AMM pool, or wait for the bell?

Hit like and follow if you want tokenization news without the marketing gloss.

#Tokenization #OKX

Circle, Ripple and Standard Chartered back OKX at a $25 billion valuation

Cryptocurrency exchange OKX has raised a new funding round at a $25 billion valuation, with investors including Circle, Ripple, Standard Chartered’s venture capital arm SC Ventures, and London-based quantitative trading firm Qube Research & Technologies (QRT). The exact amount raised has not been disclosed.

The valuation is unchanged from seven months ago, when Intercontinental Exchange, owner of the New York Stock Exchange, invested $200 million in the company. OKX is now preparing to launch tokenized stock trading in collaboration with ICE, a move that would allow crypto users to trade stocks directly on the blockchain.

The makeup of the investor group—which includes a stablecoin issuer, a blockchain payments company, a major global bank, and a quantitative hedge fund—reflects the growing convergence of traditional finance and crypto infrastructure around established exchanges. #BinanceExplorers #BinanceSquareFamily #OKX

🗽 Wall Street is moving on-chain — for real this time.

OKXICE, the joint venture between OKX and NYSE parent ICE, has notified the SEC it plans to launch a tokenized US stock trading venue under the new innovation exemption.

📊 60+ US-listed names proposed, including Nvidia, Apple, Tesla, Coinbase, Circle and SpaceX
⛓️ Permissioned, on-chain trading on X Layer
🏢 Issuers get 30 days to opt out

$BTC traders, $ETH builders: would you trade tokenized $NVDA on-chain, or stick with your broker? 👇

#Tokenization #RWA #OKX #Crypto

🕛 OKX and NYSE Owner ICE Plan Round-the-Clock Trading of Tokenized Stocks

OKX and Intercontinental Exchange (ICE), the owner of the NYSE, plan to offer tokenized stock trading that runs 24/7.
The plan was filed under the SEC's new Innovation Exemption.
The notice lists more than 60 stocks, including Nvidia and SpaceX, which would be paired with stablecoins.
Why it matters: it shows traditional finance and crypto platforms moving closer together, and it could change how and when people access stock markets. It is still a plan under a regulatory filing, not a launched product.

$BTC

#TokenizedStocks #CryptoNews #SEC #RWA #OKX