Robinhood confirms no objection to tokenizing stocks through OKXICE transactions
2026-11-10 04:40:27
According to CoinMeta, Robinhood has confirmed that it does not object to its shares being traded on the tokenized stock trading platform OKXICE, which was jointly launched by OKX and ICE (the parent company of the New York Stock Exchange). This makes Robinhood the third company to explicitly state its opposition, following Securitize and Bitgo. As of the list disclosed by OKXICE on November 5th, 56 out of the first batch of 62 companies that were to be listed have expressed their opposition, accounting for about 90%. The remaining 6 companies that have not publicly opposed it are all closely related to the crypto industry, including Robinhood, Securitize, Bitgo, Circle, Coinbase, and Strategy. The platform intends to use a five-year innovation exemption mechanism based on SEC to trade tokenized stocks through automated market makers (AMM). Token holders will enjoy the same dividend and voting rights as the underlying stocks, while issuing companies will have 30 days to express their opposition after receiving notification.
Source:CoinDesk
This content is for market information only and does not constitute investment advice.
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