Update
56 Companies Oppose OKX Tokenized Stocks Plan
Amazon, Tesla, and SpaceX are among 56 companies opposing OKX and Intercontinental Exchange's tokenized stock trading plans. The companies have 30 days after receiving written notices to object, and trading venues must publish objections within five business days. The proposal, which would allow investors to trade tokenized U.S. stocks around the clock using stablecoins, operates under the SEC's five-year innovation exemption.