Five Companies Including Walmart, Eli Lilly Oppose OKX–ICE Tokenized Stock Plan, Bringing Opponents to 38

Shen Chao TechFlow reported on October 29, citing CoinDesk, that Walmart, Eli Lilly, Carnival, Arcos Dorados and Cigna have joined the opposition to OKX and Intercontinental Exchange (ICE)'s tokenized stock trading plan. According to a public notice updated on October 28, 38 of the 62 companies originally slated for listing have raised objections, accounting for more than 61%.

Meanwhile, Canton Strategic Holdings said its shares will list as early as November 2 on TSV LLC, a Canton ecosystem trading platform, using an issuer-led tokenization model and without needing to go through the 30-day objection process applicable to third-party tokenization.

Source: Shen Chao TechFlow