50 Companies Now Fight OKXICE's Tokenized Stock Push, Nvidia Included

The pushback against OKXICE keeps snowballing. Twelve more companies — Nvidia, Costco, Nike and Micron among them — have joined the objection to the venue's plan to trade tokenized versions of their stocks, CoinDesk reports. That takes the total number of firms speaking out to 50.

The objections target OKXICE's push to list tokenized equities, a product that would let traders buy blockchain-based claims tied to real shares. For the companies involved, the sticking point is simple: their names, brands and stock tickers are being wrapped into a market they never signed off on.

The list of objectors now reads like a cross-section of corporate America. Chip giant Nvidia, warehouse retailer Costco, sportswear heavyweight Nike and memory maker Micron are the latest to add their names, according to CoinDesk.

It's not the first wave, either. The tally has been climbing steadily, with the new dozen roughly a quarter of the total opposition. That kind of breadth — 50 separate companies — signals this isn't a one-off gripe from a single industry.

Tokenized stocks have become a flashpoint as crypto venues race to bridge traditional equities and blockchain rails. Issuers argue they're offering access and efficiency; the companies whose shares get tokenized argue nobody asked them.

So far OKXICE hasn't blinked in public, and it's unclear whether the mounting list will slow the listing plans or simply add to the noise. Either way, the scoreboard is lopsided: 50 companies on one side, and a venue still pushing forward.