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Nvidia, Microsoft, and JPMorgan object to OKXICE tokenized stocks

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Scott Melker discusses the growing list of major US companies, now about 50, filing objections to unaffiliated third-party tokens tracking their shares on a new tokenized stock venue backed by ICE ( ICE ).

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00:00 Speaker A

Now, speaking of uh people having a bad week, it's the tokenization bulls because we keep piling on and there I am. I can do the same thing as me.

00:10 Speaker A

Microsoft and video JP

00:13 Speaker A

Microsoft Nvidia JP Morgan among 50 US Giants blocking tokenized shares on OKX. We got to get off that that off the screen. It's freaking me out.

00:23 Speaker A

Thank you.

00:26 Speaker A

OKX's ISIS October 30 notice now lists 50 issuer objections, right? We started was like 12, 16, 20, 24, 28. Here we are at 50. But now we've included Nvidia, Nike, which is dying anyway, so screw you guys. Costco, Micron and Reddit.

00:50 Speaker A

Good times. Uh, Iren, the Bitcoin miner and AI infrastructure company also joining the list. I'm very disappointed in that one to be quite often. So, as you know, these objections concern unaffiliated third-party tokens tracking company's shares on OKX Ice, which was the first venue, the joint between Oxa OKX, see them.

01:14 Speaker A

and Ice to launch a tokenized stock exchange.

01:23 Speaker A

Curiously, Nasdaq has their own tokenization plans with Kraken. And we've seen reports as of last week that Nasdaq is actively encouraging the companies listed on Nasdaq to opt out of this. So no big surprises if we're being honest. We're just keeping a scorecard at this point and we will see where it shakes out. Eventually, they will all tokenize because they'll have to.

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