IBM, Oracle and Intel Among 26 Firms Blocking OKX-ICE Tokenized Stocks

Twenty-six US-listed companies, including IBM, Oracle and Intel, have objected to blockchain-based tokenized stocks of their shares being traded on OKXICE, the new venue set up by crypto exchange OKX and Intercontinental Exchange (ICE), the owner of the New York Stock Exchange.

The objections are listed in a revised public notice from the venue dated October 26, 2026. The count has risen from 22 companies just a few days earlier, which means a growing list of major firms will not appear on the platform when it starts trading.

Which Companies Blocked OKX-ICE Tokenized Stocks

The four latest names on the list are IBM, Oracle, Intel and quantum computing company IonQ. Companies that had already objected include Microsoft, Alphabet, Broadcom, Cisco, Verizon, Goldman Sachs, Wells Fargo, Arm Holdings and Intuit. The notice does not give a reason for any of the objections.

The venue’s first notice, dated October 4, listed 63 US-listed securities that it planned to offer in tokenized form. With 26 issuers now out, a large share of the best-known technology and banking names on that list will not be available.

How the SEC Rule on Tokenized Stocks Works

OKXICE plans to operate under a temporary exemption that the US Securities and Exchange Commission (SEC) issued on September 17, 2026. The exemption allows qualifying venues to trade tokens that track the shares of US companies, but it also gives those companies a clear way to say no.

• When a third party creates a token of a company’s shares, the venue must notify that company.
• Trading cannot start until at least 30 calendar days after the notice.
• If the company objects in writing within that window, its token cannot trade on the venue under the exemption.
• The exemption is set to run for five years unless the SEC changes or replaces it.

The full list of objecting companies is published in the venue’s official OKXICE public notice.

What Are Tokenized Stocks?

Tokenized stocks are digital tokens recorded on a blockchain that are designed to track the price of a company’s shares. Supporters say they can make trading faster and open US equities to more investors around the world. Critics, including several of the companies now objecting, worry about how such tokens are created without the issuer’s direct involvement and how investors would be protected if something goes wrong.

What It Means for Crypto Investors

The growing opt-out list shows that big US companies want control over how their shares appear on blockchain platforms. For crypto traders, it means the first wave of tokenized stocks on OKXICE will be smaller than planned, and the debate over issuer consent is likely to shape how other exchanges approach the product.

In Pakistan, where crypto activity is now regulated under the Virtual Assets Act 2026 and overseen by the Pakistan Virtual Assets Regulatory Authority (PVARA), users should check whether a platform is authorised before trading any tokenized product.

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