Regulation● Neutral

Walmart and Eli Lilly add to opposition over OKX and ICE tokenized stock plans

TradingGain Newsroom·1h ago·29 Oct 2026, 13:39 UTC

Walmart and Eli Lilly have joined a growing group of companies objecting to OKX and ICE's plans for tokenized stocks. Five more firms have objected, bringing the total to 38. A rival Canton venue is preparing to launch with an issuer-sponsored stock under the SEC's innovation exemption, which could make tokenized stock trading more competitive.

Why it matters

Thirty-eight companies have now objected to the OKX–ICE tokenized stock plans.
A rival Canton venue is preparing to launch with an issuer-sponsored stock.
The launch would fall under the SEC's innovation exemption.

What to watch next

Watch whether the Canton venue goes live and whether more companies publicly object to the OKX–ICE plans.

This brief is written by TradingGain from public reporting by CoinDesk.Read original ↗

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