Apple, Home Depot and GE Vernova Object to ICE-OKX Tokenized Stock Venue as Count Hits 59

Apple, The Home Depot, and GE Vernova have formally objected to the listing of tokenized versions of their shares on the OKXICE TSV, an on-chain stock venue operated as a joint venture between Intercontinental Exchange (ICE) and OKX. These additions bring the total number of objecting issuers to 59, reflecting a growing trend of major corporations resisting the unauthorized tokenization of their equity. The venue, which operates under an SEC exemption for tokenized securities, allows for both issuer-led and third-party tokenization, but issuer objections effectively block third-party tokens from being traded on the platform. Despite the venue's plans to utilize permissioned Uniswap v4 pools on the XLayer blockchain, the project faces significant skepticism from industry experts regarding its value proposition. The platform has not set a launch date and remains unregistered with the SEC, raising questions about its long-term viability and regulatory standing. This ongoing friction highlights the tension between traditional equity issuers and the emerging RWA sector regarding control over digital representations of corporate assets. The lack of clear communication from the venue regarding the purpose of these tokens further complicates the adoption landscape for on-chain stock trading.