Tesla and SpaceX block third party tokenized stock trading
Image: Bitcoin.com NewsTesla and SpaceX have joined a growing list of companies objecting to third-party tokenized stock listings on the planned OKXICE venue. Forty-nine of the sixty-two companies originally proposed for the platform have now formally objected. The venue aims to offer round-the-clock trading of tokenized shares through Uniswap v4 liquidity pools. Companies can still tokenize their own shares and list them on the venue.
Key points
- Tesla and SpaceX are among the companies objecting to third-party tokenized shares on the OKXICE venue.
- A total of 49 companies from the original list of 62 have formally objected to the tokenization plans.
- Seven additional companies outside the original lineup have also registered opposition to the platform.
Why it matters
Corporate resistance from major issuers affects the available assets for the planned OKXICE tokenized stock platform, which relies on regulatory relief to offer round-the-clock trading of blockchain-based equities.
What's unclear
The public notices do not detail the individual reasons behind the corporate objections.
Price context · UNI
At publication
$7.33
Now
$7.23
Change since
−1.36%
7 days · dashed line = publication
Sources · 4 publishers
The Defiant
Tier 1
Amazon, Tesla and SpaceX Join Objections to OKX–ICE Tokenized Stocks
Crypto Briefing
Tier 2
Tesla, SpaceX join growing list of companies blocking tokenized stock trading on OKXICE
Bitcoin.com News
Tier 2
Elon Musk’s SpaceX and Tesla Join Amazon in Opposing OKXICE Tokenized Stocks Plan
Coverage timeline
- First reported by CoinDesk
- Also reported by The Defiant
- CryptoVideos brief published
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