Robinhood backs tokenization of its stock on OKX–ICE platform even as most companies opt out

Robinhood has committed to tokenizing its stock on the Intercontinental Exchange–OKX joint venture platform, breaking with most companies that have opted out of the initiative. The brokerage said it prefers helping build tokenized markets over sitting on the sidelines, even as a wave of early corporate pushback has hit the ICE–OKX venture. The move matters because it lends a major retail brokerage's backing to efforts to bring public equities on-chain, a segment where corporate participation has so far been thin. What to watch next is whether Robinhood's endorsement draws other issuers into the platform and how the ICE–OKX venture converts early opt-outs into listings.