Nvidia, Microsoft, and JPMorgan object to OKXICE tokenized stocks

A growing list of 50 major U.S. corporations, including Nvidia, Microsoft, JPMorgan, Nike, and Costco, have filed formal objections against the listing of unaffiliated third-party tokens that track their equity shares on the OKX-ICE tokenized stock venue. This development highlights significant friction between traditional equity issuers and emerging decentralized trading platforms attempting to offer synthetic exposure to public stocks. The objections represent a coordinated effort by these firms to prevent unauthorized tokenization of their assets, which they view as a potential regulatory and reputational risk. Furthermore, reports indicate that Nasdaq is actively encouraging its listed companies to opt out of such tokenization initiatives, signaling a broader institutional pushback against unauthorized secondary market venues. This trend underscores the legal and operational hurdles facing RWA platforms that seek to bridge traditional stock markets with blockchain technology without direct issuer cooperation. As the scorecard of objectors continues to expand, the viability of third-party synthetic stock tokens remains under intense scrutiny. The situation serves as a critical case study for the RWA sector regarding the necessity of issuer partnerships versus permissionless tokenization models.