56 of 62 Companies Oppose OKX-ICE Tokenized Stock Platform, Leaving Six Without Public
Most companies initially selected for a planned tokenized stock trading platform backed by crypto exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, have formally objected to the proposal. Of the 62 firms involved, 56 have filed objections, representing approximately 90% of the total, according to information shared by Wu Blockchain.
Only six companies have not publicly disclosed opposition to the initiative: Robinhood, Securitize, BitGo, Circle, Coinbase and Strategy. All six have close ties to the cryptocurrency industry, making the remaining group notably concentrated among companies operating in or connected to digital assets.
Robinhood Confirms It Does Not Object to Tokenized Stock Trading
Robinhood has confirmed that it does not object to its shares being traded on OKXICE, the planned tokenized stock platform jointly owned by OKX and ICE. Its position makes Robinhood the third company to explicitly indicate that it does not oppose the arrangement, joining Securitize and BitGo.
The distinction is important: the absence of a publicly disclosed objection does not necessarily mean that every company has formally endorsed the platform. In Robinhood's case, however, the company has directly confirmed that it does not object to its shares trading on OKXICE.
The other two companies that have explicitly taken a similar position are Securitize and BitGo. Together with Robinhood, they represent three of the six firms that have not publicly disclosed opposition to the proposed platform.
Crypto-Linked Companies Make Up All Six Remaining Firms
The initial group consisted of 62 companies selected for the planned tokenized stock trading initiative. With 56 filing objections, approximately 90% of the companies have publicly opposed the proposal, leaving six without publicly disclosed objections.
The remaining names are Robinhood, Securitize, BitGo, Circle, Coinbase and Strategy. Each has a connection to the cryptocurrency industry, distinguishing the group from the much larger number of companies that have filed objections.
The proposed platform, known as OKXICE, is a joint initiative involving OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange. Its planned focus is tokenized stock trading, a structure that would bring company shares into a token-based trading environment.
The figures highlight the divide among the companies initially selected for the initiative. While 56 of the 62 firms have filed objections, Robinhood has explicitly confirmed that it does not object to its shares being traded on OKXICE. Securitize and BitGo have also taken that position, while Circle, Coinbase and Strategy remain among the six without publicly disclosed opposition.
Writer: Victoria HaleTechnology & Blockchain WriterVictoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.She prioritises clarity and accuracy when explaining technical developments to a general audience.
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