Update
IBM, Oracle, Intel Join Growing List of Firms Objecting to OKXICE Tokenized Stock Plans
IBM, Oracle, Intel, and IonQ have objected to plans by crypto exchange OKX and NYSE parent Intercontinental Exchange (ICE) to offer blockchain-based trading of their shares. The four companies join earlier objectors including Microsoft, Alphabet, Goldman Sachs, Cisco, and Wells Fargo. The growing list underscores a hurdle for OKXICE and the SEC's new framework for tokenized stock trading, which allows issuers to block their shares from being offered.