BLOOMBERG · 2026-11-11 12:03 UTC

Crypto's Bid to Shake Up Stock Trading Revs Up Despite Backlash

OKXICE, a joint venture of OKX and NYSE parent Intercontinental Exchange, plans to launch a stock-token platform on Nov. 23 with more than 70 digital assets tied to stocks and ETFs. Of 62 companies originally targeted, 56 objected, including McDonald's, Coca-Cola and JPMorgan Chase; 67 companies have objected in total, while six with crypto ties, including Coinbase, Strategy and Robinhood, did not. The SEC's Innovation Exemption lets issuers object within 30 days, and the CFTC approved single-stock perpetual futures, which a trade group has challenged in federal court.

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