OKXICE tokenized stocks: IBM, Oracle, Intel and IonQ object, total rises to 26 companies

27 Oct 2026

27 Oct 2026, 19:22 UTC+01:00

Regulation TradeReviewed News Desk

Four more listed companies, IBM, Oracle, Intel and IonQ, have opted out of plans by OKX and NYSE parent Intercontinental Exchange (ICE) to offer blockchain-based trading of their shares, CoinDesk reported on Tuesday. That brings the number of issuer objections to 26.

The latest OKXICE notice

The four names appear in an updated public notice dated Monday, Oct. 26, from OKXICE, the two firms’ joint venture. They join earlier objectors including Microsoft, Alphabet, Goldman Sachs, Cisco and Wells Fargo. TradeReviewed previously reported when the count stood at 22 companies.

• All four new objectors were among the 62 companies on OKXICE’s original proposed roster.
• By CoinDesk’s tally, 23 of that original selection, about 37%, have now objected.
• The overall count also includes Cerebras Systems, Arm Holdings and Wells Fargo, which were not on the original list.

How the SEC Innovation Exemption works

The SEC’s five-year Innovation Exemption lets qualifying venues test round-the-clock, blockchain-based trading of stocks. Venues must notify issuers and give them 30 days to object before offering tokenized versions of their shares.

OKXICE’s first notice, on Oct. 4, laid out plans to use Uniswap v4 liquidity pools on OKX’s X Layer blockchain, with trades settled in stablecoins. Instead of a traditional order book, the venue would rely on automated market makers that execute trades against pools of assets.

Why issuers are saying no

Industry experts told CoinDesk the rules tilt toward opting out: objecting costs nothing, while staying silent lets trading start with no mechanism to withdraw consent later. The financial upside for issuers is also unclear, since possible extra demand from overseas investors may not outweigh worries about thin, 24/7 trading outside the familiar market structure. OKXICE co-chairman Andrew Cuomo has called the objections expected, saying many firms would rather “wait and see how it goes rather than be the first to participate.”

What it means for traders

• The launch list keeps shrinking. Expect OKXICE to open with fewer large-cap names than first proposed, weighted toward companies that stay silent through the notice period.
• Liquidity may start thin. AMM pools on a new venue can mean wider spreads and slippage outside US market hours.
• Know what you are buying. Offshore stock tokens often carry different rights from SEC-framework products. Compare platforms in our exchange comparison and read our OKX review and BingX review (BingX #1, OKX #2 in our tests).

Not financial advice.

Related reviews

• Okx review
• Bingx review

Sources

• CoinDesk: Intel, Oracle, IBM join growing list of firms objecting to OKX–ICE tokenized stock plans

News is for information only and is not financial advice. More crypto news