Blockchain

SEC tokenized stock framework faces issuer pushback as Broadcom, Verizon object to OKX-ICE listing

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 18/10/2026, 23:40:23 UTC.

Briefings

Eight additional companies opposed the SEC's proposed tokenization of stock framework, while Nasdaq withdrew its own participation. This creates a fragmented market environment where the SEC's plan faces significant resistance from both issuers and major exchanges.

Key points

• Eight more companies objected to trading on the planned OKX-ICE venue, while Nasdaq has separately said it would opt out under the SEC's framework.

Context

The SEC is attempting to tokenize stocks, but this initiative is being challenged by multiple parties including issuers and exchanges, resulting in a contested market structure.

Limitations

Evidence is limited to the number of objectors and the exchange's withdrawal; specific reasons for objections or the scope of the SEC's framework are not detailed.

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