COINDESK · 2026-10-28 12:59 UTC

JPMorgan, Coca-Cola, Dell also say 'no' to OKX-ICE tokenized tock trading plan

JPMorgan, Coca-Cola, Dell, Applied Materials, Adobe, and Sandisk have opted out of OKX-ICE's tokenized stock trading venture, bringing total objections to 33 companies. Nearly 48% of the 62 companies initially proposed for the venture have now objected, with companies cautious about participating in the new market structure under the SEC's Innovation Exemption. OKXICE plans round-the-clock trading of tokenized stocks through Uniswap v4 liquidity pools on OKX's XLayer blockchain, settling transactions in stablecoins under a five-year SEC exemption.

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