In brief – JPMorgan Chase, Coca-Cola, Dell, AMD, Adobe, Applied Materials, and Sandisk objected to trading of their shares on OKXICE TSV, according to its Oct. 27 notice. – That brings the total to 33 objecting issuers, up from nine on Oct. 15. – Under the SEC’s innovation…
emption, a timely objection bars the venue from listing a third-party tokenized version of a company’s stock, though other venues aren’t affected. The pushback against OKX and ICE’s tokenized stock venue now includes the biggest bank in the U.S
JPMorgan Chase, Coca-Cola, and Dell Technologies are among seven companies added to OKXICE TSV’s list of objecting issuers in a notice dated Tuesday. Advanced Micro Devices, Adobe, Applied Materials, and Sandisk round out the group. The additions bring the total to 33, up from 26 a day earlier.
The list has grown quickly. It stood at nine on Oct. 15, 16 on Oct. 19, and 22 on Oct. 23. Earlier objectors include Microsoft, Alphabet, Goldman Sachs, Wells Fargo, Intel, and Oracle.