OKXICE TSV notice lists 26 issuers objecting to stock-token plan

OKXICE TSV’s notice dated October 26, 2026, lists 26 issuers it says objected to its proposed tokenized-stock venue, including IBM, IonQ, Oracle and Intel. The notice is the venue’s disclosure; it is not an SEC decision about the objections.

Which issuers are on the list?

Along with IBM, IonQ, Oracle and Intel, the notice names Cerebras Systems Inc.; AppLovin Corporation; Applied Digital Corporation; Rocket Lab Corporation; CoreWeave, Inc.; Verizon Communications Inc.; Applied Optoelectronics, Inc.; Broadcom Inc.; UnitedHealth Group Incorporated; The Goldman Sachs Group, Inc.; Microsoft Corporation; Qualcomm Incorporated; Caterpillar Inc.; McDonald’s Corporation; Western Digital Corporation; Alphabet Inc.; Arm Holdings plc; Wells Fargo & Company; Moderna, Inc.; Cisco Systems, Inc.; Intuit Inc.; and Marvell Technology, Inc.

The notice says the U.S. Securities and Exchange Commission (SEC) had not passed on its merits or accuracy. It also says OKXICE TSV was not registered with the SEC for activities under the exemption it described.

What an objection means for the proposed venue

The roster concerns proposed listings on OKXICE TSV. The Wall Street Journal and DiarioBitcoin described the exemption process as giving an issuer 30 days’ notice before a venue trades its stock; they reported that a timely objection prevents that venue from proceeding with that stock under the exemption.

DiarioBitcoin also reported that the Securities Industry and Financial Markets Association (SIFMA) proposed requiring affirmative issuer consent and extending the objection period to 90 days. That was a proposal, not an adopted change.

What one token represents in OKXICE TSV’s model

The notice describes a third-party tokenization model in which a tokenizer uses an SEC-registered broker-dealer that is a member of the Financial Industry Regulatory Authority (FINRA) to hold one underlying share for each token. Each token represents a security entitlement to one share. The tokenizer handles minting, redemption and corporate actions.

OKXICE TSV describes a separate role for the venue: permissioned automated market-maker pools using Uniswap v4 contracts on XLayer, paired with supported payment stablecoins. An automated market maker (AMM) uses liquidity pools to facilitate trades. The notice says approved wallets need a valid, non-transferable soulbound token to trade or provide liquidity. It also says the venue has no order book, does not custody participants’ assets, extend credit or conduct primary securities offerings.

The notice says pool prices are set by the ratio of assets in each pool and may differ from the underlying stock price, particularly outside regular trading hours or when liquidity is low. Liquidity providers may withdraw at any time. It also says whether self-custodied tokenized shares would receive customer-property or Securities Investor Protection Corporation (SIPC) protection if a broker-dealer became insolvent is uncertain.