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All Magnificent Seven Companies Object to Planned OKX–ICE Tokenized Stock Venue

Originally published by Decrypt on November 8, 2026, at 01:01:03 UTC+8.

All seven companies in Wall Street’s “Magnificent Seven” have objected to having tokenized versions of their shares traded on the planned OKX–ICE venue, according to Decrypt’s report.

Apple and Meta Platforms were among 11 companies added to an updated OKXICE TSV notice dated Thursday. They joined Microsoft, Alphabet, Amazon, Nvidia and Tesla, bringing the total number of objecting companies to 67.

The nine other additions were Home Depot, Boeing, GE Vernova, Palantir, ServiceNow, S&P Global, KLA, Super Micro Computer and Nebius Group. The list had contained 56 companies in the venue’s November 2 notice, when Amazon, Tesla and SpaceX objected, up from nine when the first objections appeared on October 15.

What an objection means

According to the report, the U.S. Securities and Exchange Commission unveiled an innovation exemption in September after the Clarity Act failed to advance in the Senate. Under the SEC’s order, a venue must notify a company before offering a version of its shares tokenized by an unaffiliated third party.

If the company objects in writing within 30 days, that venue cannot make the stock available for trading. The objection applies only to the venue concerned, rather than constituting a broader prohibition on tokenizing the company’s shares.

The planned venue and remaining uncertainty

OKXICE TSV is a 50–50 joint venture between New York Stock Exchange owner Intercontinental Exchange and OKX’s U.S. holding company. It plans to offer round-the-clock trading in tokenized U.S. stocks through permissioned pools on OKX’s XLayer blockchain. An outside “tokenizer” would hold the underlying shares one-for-one through a registered broker-dealer.

With all seven technology giants opting out, it remained unclear which major stocks would be available at launch. The venue’s notices did not identify the tokens it intended to offer.

Coinbase, Robinhood and Strategy did not appear on the objection list, nor did Berkshire Hathaway, Visa or Exxon Mobil. However, the report said it was unclear whether OKXICE had notified those companies; their absence should not be read as confirmation of participation. Coinbase had launched tokenized stocks for non-U.S. users on its Base network in August.

Meta’s objection also follows its earlier attempt to launch Libra, the stablecoin project later renamed Diem, which it abandoned in 2022 amid regulatory pushback.

Read the original article at Decrypt.

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