Apple and Home Depot join list of objectors to tokenized stock plan pushed by NYSE owner | Fortune

Apple, Boeing and Home Depot have joined a growing list of companies objecting to a blockchain-based stock trading venture led by crypto firm OKX and NYSE parent ICE, with 54 of the 62 public companies slated for the platform having raised objections as of Thursday. The venture, co-chaired by former New York Gov. Andrew Cuomo, announced last month that it would offer round-the-clock trading of tokenized shares in those companies. The breadth of the pushback leaves the initiative, which aims to bring U.S. equities onto the blockchain, on life support. It matters because the dispute tests whether tokenized equities can win issuer consent, a prerequisite for broader adoption of round-the-clock, blockchain-based stock trading. What to watch next is whether OKX and ICE revise the roster or secure company sign-offs before launch.