9 of 63 companies are objecting to the tokenization of their shares on OKXICE

Cerebras Systems (AI chips), Rocket Lab (space), CoreWeave (IT infrastructure), Verizon (telecommunications), and other companies did not explain the reason for their refusal. At the same time, Applied Optoelectronics (fiber-optic cables) is concerned about liquidity problems and stock volatility.

OKXICE is a joint venture between the cryptocurrency exchange OKX and the parent company of the NYSE, Intercontinental Exchange. Under SEC rules, companies may opt out of the tokenization of their shares within 30 days. A separate period applies to each venue. At the same time, OKXICE plans to list shares of Nvidia, Apple, Microsoft, Amazon, Alphabet, Tesla, and other major companies.

Nasdaq has also declined to trade on the venue due to the lack of quality price data. At the same time, the exchange emphasizes that it supports tokenization.