Business · Companies · 14 hrs ago
All Seven Magnificent tech firms oppose OKX-ICE tokenized stock platform
All seven of the Magnificent Seven oppose the platform, with Apple and Meta joining Microsoft, Alphabet, Amazon, NVIDIA and Tesla.
The companies object to having their shares offered on a tokenized stock trading platform planned by OKX-ICE.
Tokenized shares are digital versions of company shares, and the seven firms represent a large part of the S&P 500’s value.
A total of 67 companies have objected, including Home Depot, Boeing and Palantir.
Under an SEC rule, a platform must notify a company before offering a third party’s tokenized version of its shares, and the company has 30 days to object in writing.
A written objection prevents those shares from being offered for trading on the platform.
It is not known whether OKX-ICE notified companies that have not objected, and the sources give no further steps or timeline.
All seven companies in the Magnificent Seven have objected to having their shares included in a planned OKX-ICE tokenized stock trading platform.
Apple and Meta were among 11 companies added to the objectors list in an updated OKX-ICE notice.
Their objections bring the total number of companies opposing the platform to 67.
The other Magnificent Seven companies are Microsoft, Alphabet, Amazon, NVIDIA and Tesla.
Under a US Securities and Exchange Commission order, a platform cannot offer a company’s tokenized shares for trading if the company objects in writing within 30 days of notification.
- Who
- Apple, Meta, Microsoft, Alphabet, Amazon, NVIDIA and Tesla, along with 60 other companies.
- What
- They objected to having their shares included in a planned OKX-ICE tokenized stock trading platform.
- When
- The updated notice was reported on November 9, 2026.
- Where
- The platform’s location is not stated.
- Why
- The companies’ reasons for objecting are not stated.
This story does not have two clearly opposing sides.
Coinbase launched tokenized shares for users outside the United States on its Base network.
The SEC filed an innovation exemption after the Clarity Act failed in the Senate.
The number of companies objecting to the platform was reported as nine.
Amazon, Tesla and SpaceX filed objections, according to the article.
An updated OKX-ICE notice added 11 companies, including Apple and Meta, to the objectors list.
- Objecting companies
- 67
- Magnificent Seven objectors
- Apple, Meta, Microsoft, Alphabet, Amazon, NVIDIA and Tesla
- Newly added companies
- 11
- First objectors reported
- 9 on October 15
- SEC objection window
- 30 days after notification