Apple Joins Five Other Mag 7 Companies in Opposing Tokenized Stock Listings on OKXICE
Apple has objected to the listing of tokenized versions of its shares on OKXICE, becoming the latest major company to oppose the move as concerns over tokenized equity listings extend across some of the world's largest publicly traded businesses.
According to Coin Bureau, Apple's objection brings the number of companies opposing tokenized stock listings on the platform to 59. The latest group also includes Home Depot and GE Vernova, marking another development in the growing list of corporate objections.
Six Mag 7 Companies Have Objected
Apple is now among six companies in the so-called Magnificent Seven, or Mag 7, that have objected to the listing of tokenized versions of their shares on OKXICE. The other five named companies are Tesla, Amazon, Nvidia, Microsoft and Alphabet.
The objections involve companies whose shares are among the most closely followed in global financial markets. Their opposition highlights the resistance that tokenized stock listings have encountered from major publicly traded corporations.
With Apple joining the list, six of the seven Mag 7 companies have now objected. Coin Bureau identified Tesla, Amazon, Nvidia, Microsoft and Alphabet as the other companies in the group that had already raised objections.
Total Objections Reach 59 Companies
The latest objections extend beyond the technology sector. Home Depot and GE Vernova were also identified among the companies that most recently objected, bringing the total number of companies opposing the tokenized share listings to 59.
The inclusion of companies from different industries shows that the objections are not limited to major technology firms. Apple, Home Depot and GE Vernova represent the latest additions finance cited in Coin Bureau's report.
Tokenized shares are digital representations of traditional company shares. However, the source did not provide details about the specific objections raised by the companies, their legal arguments, or any response from OKXICE.
For now, the reported figures place Apple among six Mag 7 companies opposing the listings, while the broader number of companies that have objected stands at 59.
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.
Check out other news and articles on Google News
Disclaimer:
The articles on Hokanews are here to keep you updated on the latest buzz in crypto, tech, and beyond—but they’re not financial advice. We’re sharing info, trends, and insights, not telling you to buy, sell, or invest. Always do your own homework before making any money moves.
Hokanews isn’t responsible for any losses, gains, or chaos that might happen if you act on what you read here. Investment decisions should come from your own research—and, ideally, guidance from a qualified financial advisor. Remember: crypto and tech move fast, info changes in a blink, and while we aim for accuracy, we can’t promise it’s 100% complete or up-to-date.