Apple, Meta Reject OKX and ICE Tokenized Stock Plans
In short
Apple and Meta turned down OKX and Intercontinental Exchange’s tokenized stock plans. The report says 90% of issuers opted out, while Strategy, Coinbase, Circle and Robinhood were among six companies from the first group with no disclosed objection.
What the reporting says
Apple and Meta rejected OKX and Intercontinental Exchange’s tokenized stock plans, according to the report, as the venture faced broad issuer pushback. The development highlights resistance to the tokenized-stock push.
Why it matters
That leaves a small group of companies from the initial selection, including Strategy, Coinbase, Circle and Robinhood, with no disclosed objection. The event suggests the tokenized-stock effort is facing issuer resistance, which could affect its rollout and market reception.