Why CoreWeave, Broadcom and Verizon Said No to Tokenized Stocks on OKXICE

Nine U.S.-listed companies, including CoreWeave, Broadcom and Verizon, objected to tokenized versions of their shares trading on OKXICE, a joint venture between OKX and Intercontinental Exchange. The objections remove about 14% of the 63 stocks OKXICE planned to offer. Applied Optoelectronics cited uncertainty over price, liquidity and volatility.