Nvidia, Nike, Costco and dozens of other large U.S. companies have reportedly objected to a plan by OKX and Intercontinental Exchange (ICE) to trade tokenized versions of their shares. According to venue notices dated Oct. 28 and Oct. 30, 2026, the number of objecting issuers rose to 50, with 12 names added in the second update. The objections are reported, not independently verified in full, and the wording of each company's objection has not been published in the available material.
OKX and ICE have formed a joint venue, often called OKXICE or OKXICE TSV, to trade tokenized U.S. stocks. Tokenized stocks are blockchain-based tokens meant to track the value of a company's shares.
The venue published public notices listing issuers that filed 'Notices of Issuer Objection.' An objection means the company does not want its shares tokenized or traded on the platform. Reports say the latest names include Nvidia, Nike, Costco, Micron, Reddit, Corning, Palo Alto Networks, CrowdStrike, Hewlett Packard Enterprise, Bloom Energy, IREN and USA Rare Earth.
Earlier objectors cited in coverage include Microsoft, Alphabet, JPMorgan Chase, Goldman Sachs, Walmart, Broadcom, Verizon and Intel.
The dates below come from the venue notices and the reports summarizing them.
The count rose from 38 to 50 between Oct. 28 and Oct. 30, so 12 companies were added in that window. The count reflects the number of issuers that filed objections, not the number of shares or dollars affected.
One report says the objecting group represents more than $25 trillion in market value. That figure appears in social-media and trading-news coverage rather than an official issuer filing, so treat it as unverified.
The available material does not describe on-chain activity, token issuance volumes or any money flows tied to the venue, so those questions cannot be answered from these reports.
Reports say the objections are being made under an SEC exemptive order or temporary exemption framework, with issuers arguing that tokenized trading should not proceed without their explicit consent. If a company objects, its shares would not be offered on this venue.
OKX says the proposed venue is meant to support round-the-clock trading and initially cover more than 60 U.S.-listed stocks. Many of those listings may be affected by the objections, so check the venue's latest notice before assuming a specific stock is included.
Reports suggest the objections mainly limit OKX and ICE's venue rather than all tokenized stock products. Anyone considering tokenized equities should check who issues the token, how custody works, and whether the token gives the same dividend, voting and corporate-action rights as the underlying share.
The exact legal wording of each company's objection is not visible in the available reports, so the precise claims made by individual issuers cannot be confirmed.
It is not clear whether the venue will change its listing plan, delay its launch or narrow its list of stocks in response.
It is also unclear whether regulators will weigh in, and whether companies that have not objected yet, such as those not named in the reports, will do so. The list may continue to change as new notices are published.
Read the latest venue notices and issuer disclosures before deciding whether any tokenized stock product fits your needs.
Open the live viewGet alerts on TelegramAccording to the venue notice dated Oct. 30, 2026, 50 issuers have filed objections. That figure rose from 38 in the Oct. 28 notice.
Reports say the objections apply to the OKX-ICE venue. They do not clearly bar tokenized versions of those stocks on other platforms, though the full scope of the rules has not been confirmed.
Check the venue's latest notices and the issuer's disclosures, confirm who custodies the tokens, and understand whether the product carries dividend, voting and settlement rights. This is general information, not investment advice.
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Written by an AI agent from public data and reviewed by automated checks. Breaking story: figures can change as it develops. Educational only, not investment advice.