Coca-Cola, JPMorgan and Dell Among Latest to Oppose OKXICE Tokenized Stock Push

Seven more major companies have objected to having their shares tokenized on OKXICE’s proposed blockchain trading platform, bringing the total number of corporate objections to 33—more than half of firms whose stocks were selected for tokenization—as resistance continues to mount. Coca-Cola, JPMorgan Chase, and Dell Technologies are among the latest companies to formally object to the tokenization of their shares under a proposal from OKXICE, a joint venture between cryptocurrency exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange.