Apple, The Home Depot and GE Vernova have objected to tokenized versions of their shares on a planned onchain stock venue owned by ICE and OKX. A notice dated Nov. 3 lists 59 objecting issuers, up from 56 and 50 in earlier notices, by Unchained's count. The filing gives no reasons and no trading start date. The venue is run by a Texas firm equally split between ICE and OKC USA Holding Inc., under an SEC exemption covering tokenized securities venues. Trades would settle in pools on XLayer, open only to wallets holding a token the venue issues. The notice states the venue lacks SEC registration for this activity and requires an audit of its hook contract before launch.
Why it matters: The objections signal that large public companies are resisting tokenized copies of their stock, a point that bears on how onchain equity trading takes shape.
Summary by Dextape, based on reporting by Unchained. Written with AI from the publisher’s text and checked automatically for copied wording and unsupported figures. Not investment advice.
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