[22 Publicly Listed Companies, Including Microsoft and Google, Oppose OKXICE Stock Tokenization Trading; Industry Insiders Say It Doesn't Mean a Rejection of Tokenization] According to a report by CoinDesk on October 24th, Microsoft, Alphabet (Google's parent company), McDonald's, Goldman Sachs, Wells Fargo, and Cisco, among others, have opposed trading their shares on OKXICE, a tokenized securities trading platform built by OKX in partnership with the Intercontinental Exchange (ICE). The number of publicly listed companies that have explicitly expressed their opposition has now increased to 22. Under the US SEC's innovation exemption mechanism, tokenized securities trading platforms must notify the issuing companies in advance and give them a 30-day objection period. If the company does not raise any objection within the period, the platform can proceed with the relevant trading. Law firm Latham & Watkins points out that current rules do not provide a mechanism for withdrawing prior default consent after trading has commenced, so companies may be inclined to object first. Industry insiders believe that these objections do not mean that companies have completely rejected stock tokenization, but rather that they have concerns about shareholder rights, liquidity diversification, and market regulatory mechanisms. It's worth noting that while Nasdaq supports stock tokenization, it opposes trading its own shares under the current exemption framework. Meanwhile, Securitize and BitGo have stated they will not object to their shares being listed on the OKXICE platform.