Nvidia, Costco and Nike object to OKX–ICE tokenized stock plan
In short
Nvidia, Costco and Nike have joined objections to OKX and ICE’s plan for tokenized stock trading. Nearly 70% of the companies first chosen have opted out as the 30-day response window ends.
This matters because fewer companies may be available for the plan. The reporting says 19 firms, including Apple, Tesla and Amazon, have not publicly objected.
What the reporting says
Nvidia, Costco and Nike joined the pushback against OKX and ICE's tokenized stock plans, according to the publisher summary. The reporting says nearly 70% of the companies initially picked for trading have opted out as the 30-day response window nears its end. The immediate consequence is a shrinking pool of eligible names, while 19 firms have not disclosed objections and the final list is still uncertain.
Why it matters
Nvidia, Costco and Nike are among the companies pushing back against OKX and ICE’s tokenized stock plans, with nearly 70% of the initially selected companies now opting out. The 30-day response window is close to ending, and 19 firms including Apple, Tesla and Amazon have not disclosed objections. The reporting points to a narrower launch set, but it does not say how the plan will proceed next.