Robinhood backs stock tokenization as 56 of 62 firms oppose OKX–ICE’s stock venue

Robinhood is backing stock tokenization on the planned OKX–ICE trading venue even as most proposed issuers opt out. The brokerage has confirmed it did not object to tokenized versions of its shares being traded on the platform, while 56 of the 62 companies initially selected—about 90%—have opposed inclusion. Key takeaways Robinhood, Securitize and BitGo have confirmed they did not oppose inclusion. Six issuers had no disclosed objection in the November 5 notice. The SEC framework requires tokenized shares to preserve shareholder rights. OKX–ICE has not disclosed a launch date. Robinhood backs stock tokenization on OKX–ICE Robinhood joins Securitize and BitGo as the three companies known to have confirmed they did not object to the proposed listings. A Robinhood spokesperson confirmed the brokerage’s position to CoinDesk.

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