Dozens of Firms, Including Nvidia and JPMorgan, Block OKX and ICE Stock Tokens
About fifty companies, including Nvidia, Microsoft and JPMorgan, have blocked OKX and ICE from tokenizing their shares. The blocks come under the SEC's new Innovation Exemption. For traders, it shows that companies can limit how their stock is turned into crypto tokens.
Why it matters
- Fifty companies have stopped OKX and ICE from tokenizing their shares.
- The blocks are made under the SEC's new Innovation Exemption.
- Fewer tokenized stocks could limit equity-linked trading options on crypto platforms.
What to watch next
Watch whether more companies join the block and whether OKX or ICE respond to the SEC's Innovation Exemption.
