22 Companies Block OKXICE Tokenized Stocks, Putting 63-Share Crypto Plan Under Pressure

One of crypto’s most ambitious initiatives to bring traditional stocks onto the blockchain is now under attack from a group of large companies. In total, OKX and Intercontinental Exchange, the parent of the New York Stock Exchange, intended to have 63 stocks tokenized via their joint venture OKXICE. It has been met with resistance from nearly a third of the proposed issuers now, however. Six additional companies, including Wells Fargo, Arm Holdings and Intuit, have objected to having tokenized versions of their shares listed on OKXICE, according to regulatory documents reviewed by Reuters.