By Sam Daodu
Publication Date: 2026-10-18 18:30:00
OKX and Intercontinental Exchange want to tokenize shares from 63 public companies, but nine of them have formally pushed back. Whether corporations can actually block a blockchain exchange from trading digital versions of their stock is now a live legal…
Nine companies, including tech giant Broadcom (NASDAQ:AVGO | AVGO Price Prediction) and telecommunications leader Verizon (NYSE:VZ), have objected to OKX-ICE listing tokenized stocks of their shares, and the objections became public on October 16, 2026. This joint venture between cryptocurrency exchange OKX and Intercontinental Exchange (NYSE:ICE) has sparked a debate in the financial community.
That day, the affected stocks generally followed market trends. Broadcom’s shares dropped 4.5% to $329, while CoreWeave (NASDAQ:CRWV) fell 11.9% to $61 amid an AI stock sell-off that gave the Nasdaq its worst week since June. In contrast, Verizon shares rose 0.9%, while UnitedHealth Group (NYSE:UNH) fell 1.3%. This raises the…
