Nvidia, Nike and 48 Other Companies Oppose OKX Stock Tokenization Plan

A total of 50 companies, including Nvidia (NVDA) and Nike (NKE), have officially raised objections to the trading of tokenized shares on a new platform backed by crypto exchange OKX and the parent company of the New York Stock Exchange (NYSE). As per the most recent public notice by the joint venture between crypto exchange OKX and Intercontinental Exchange (ICE), OKXICE, the total number of companies objecting to the initiative has reached 50 as of Oct. 30. The total increased from 38 companies on Oct. 28, with 12 additional companies raising objections in just two days. The new names that recently raised objections include Nvidia , Nike, Costco (COST), Micron Technology (MU) and Reddit (RDDT).

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