Nvidia and Nike Lead Biggest Wave Yet of Tokenized Stock Objections

Nvidia and Nike Lead Biggest Wave Yet of Tokenized Stock Objections

By Decrypt Staff
Publication Date: 2026-11-02 17:36:00

Even Nvidia doesn’t want its shares on OKX and ICE’s planned tokenized stock venue.

The chipmaker is among 12 new companies listed as objecting issuers in an updated notice from OKXICE TSV dated Friday. The others are Costco, Nike, Micron, CrowdStrike, Palo Alto Networks, Reddit, Hewlett Packard Enterprise, Corning, Bloom Energy, IREN, and USA Rare Earth. The additions bring the total to 50 companies.

It’s the largest single batch yet. The list stood at 38 in the venue’s Oct. 28 notice, when Walmart and Eli Lilly joined, and at nine when the first objectors appeared on Oct. 15. It has more than quintupled since.

The newcomers span chips, cybersecurity, retail, and energy. Nvidia, Micron, and Corning join hardware peers such as AMD, Intel, and Broadcom, while CrowdStrike and Palo Alto Networks bring cybersecurity heavyweights to the list. IREN, a Bitcoin miner that has expanded into AI cloud computing, adds a name from the crypto industry itself.

Under the SEC’s innovation exemption, which the agency unveiled in September after the Clarity Act stalled in the Senate, a venue must notify a company before offering a version of its shares tokenized by an unaffiliated third party. If the company objects in writing within 30 days, the venue can’t make that stock available for trading, according to the SEC’s order. The objection applies only to that venue.

OKXICE TSV, a 50-50 joint venture between NYSE owner…