Nvidia, Costco and Nike push back on OKX-ICE tokenized stock plan
Nvidia, Costco and Nike have joined other firms in objecting to OKX and ICE's plan to tokenize their stocks. Nearly 70% of the companies first selected for trading have opted out. For traders, the plan's future is uncertain while the 30-day response window runs out.
Why it matters
- Nearly 70% of the firms initially picked for the tokenized trading have opted out.
- Nineteen companies, including Apple, Tesla and Amazon, have no disclosed objection so far.
- The 30-day response window is close to ending, so the list of participating firms could still change.
What to watch next
Watch whether any of the 19 companies without a disclosed objection speak out before the 30-day response window closes.
