Major Firms Object to Tokenized Share Trading on OKXICE

Key Facts

1Nine companies including CoreWeave, Broadcom, and Verizon have objected to the tokenized trading of their shares on the OKXICE platform.

2Applied Optoelectronics expressed concerns regarding how tokenization might affect its stock price, liquidity, and volatility.

Nine major companies, including CoreWeave, Broadcom, and Verizon, have voiced their objection to the trading of tokenized versions of their shares on the OKXICE platform. Reuters reported that these firms oppose the unauthorized digital representation of their equity, highlighting a lack of regulatory clarity surrounding such crypto-native products.

Applied Optoelectronics expressed specific concerns regarding the potential negative impact of tokenization on stock price stability, liquidity, and market volatility. Regarding market performance, AVGO closed at $328.75 and VZ closed at $44.79 on October 16, 2026, while AAOI closed at $75.57 and CRWV closed at $61.39 on the same date.