- As of Nov. 5, 2026, Robinhood had not objected to tokenized versions of its shares trading on OKXICE.
- About 90% of the issuers on the platform’s initial list filed objections.
- OKXICE plans to offer round-the-clock trading in tokenized U.S. shares under a five-year SEC experimental regime.
Brokerage firm Robinhood has backed the option to trade tokenized versions of its shares on OKXICE and, as of Nov. 5, 2026, had not filed an objection. Its position sets it apart from about 90% of the issuers on the platform’s initial list, which opted out of the initiative.
OKXICE is a joint project by crypto exchange OKX and Intercontinental Exchange, which owns the New York Stock Exchange. A Robinhood spokesperson confirmed to CoinDesk that the company did not object to having its securities included among the assets available for tokenization.
“We believe tokenization is the future of financial markets. We would rather help build it than stand on the sidelines,” a Robinhood spokesperson said.
Robinhood became the third issuer to publicly confirm that it had no objections to the initiative. Securitize and BitGo previously took the same position.
As of Nov. 5, 56 of the 62 issuers on OKXICE’s initial list had filed objections. They included Apple, Meta, Alphabet, Nvidia, Goldman Sachs and JPMorgan Chase.
Only six companies had no registered objections: Robinhood, Securitize, BitGo, Circle, Coinbase and Strategy. However, the absence of an objection does not constitute official consent to participate.
Issuer objections and the SEC regime
OKXICE plans to launch trading in tokenized shares of U.S. companies under a five-year experimental regime run by the U.S. Securities and Exchange Commission. The platform envisions 24/7 trading through automated market makers using liquidity pools, with settlements conducted in stablecoins.
Under the regulator’s terms, issuers have 30 calendar days to object to third parties tokenizing their shares. One reason for companies’ cautious stance is concern about how the instruments could affect the pricing, liquidity and volatility of the underlying securities.
Robinhood’s position aligns with previous comments by Chief Executive Vlad Tenev. In September 2026, Tenev said public companies should not control all financial instruments created on the basis of their shares.
He later said that the need for an issuer’s consent should depend on a product’s structure and the rights attached to it, rather than merely on its use of blockchain technology.
Robinhood’s own Stock Tokens differ from the instruments OKXICE plans to offer. Robinhood’s tokens provide economic exposure to a stock’s price but do not grant voting rights. Tokens issued under the SEC’s new regime must preserve the rights of holders of the underlying securities, including voting and receiving dividends.
OKXICE has not announced a launch date, and the final list of available assets remains unknown.
Source: Incrypted
