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Nine Blue Chip Companies Object to Tokenized Stock Trading

Nine major companies including Verizon, Broadcom, and UnitedHealth have objected to their shares trading on OKXICE, a tokenized stock venue from OKX and ICE. The venue, which features around-the-clock trading through Uniswap v4 pools on OKX’s XLayer chain, has received 14% of the planned 63 companies to list. The companies cited concerns about the venue not being registered with the SEC and not subject to Regulation NMS, which ensures fair access for investors.

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