Nine companies, including Broadcom and UnitedHealth, block tokenized stock trading on OKXICE

OKXICE wanted to put 63 US stocks onchain. Nine of the companies behind those stocks have formally said no. Broadcom, UnitedHealth Group and Verizon are among the nine US-listed companies that objected to having their shares tokenized on OKXICE. The joint venture between crypto exchange OKX and Intercontinental Exchange disclosed the objections in a public notice dated October 15, 2026. The pushback covers roughly 14% of the stocks OKXICE first planned to offer. Who said no, and why it sticks The full list of objectors includes Cerebras Systems, AppLovin, Applied Digital, Rocket Lab, CoreWeave, Verizon, Applied Optoelectronics, Broadcom and UnitedHealth Group. The companies raised concerns about how token trading could affect their stock prices and liquidity. They also flagged potential investor confusion from tokenized versions of their equity trading on a venue they have no affiliation with. Under the SEC framework governing these products, an issuer objection within the designated window blocks that company’s shares from being tokenized on that specific venue. The SEC rulebook behind it The legal backdrop is the SEC’s Innovation Exemption, issued on September 17, 2026. It allows...