OKXICE, a joint venture between crypto exchange OKX and Intercontinental Exchange, faces objections from 67 companies over its plan to tokenize U.S. stocks. Meta, Palantir and S&P Global were recently added to the opposition list, while CoinDesk reported that 56 of the 62 companies initially identified as targets have objected; 11 additional companies were outside the original roster. The proposal would use blockchain infrastructure and stablecoins to support 24/7 trading, with permissioned pools on OKX’s XLayer blockchain and one-for-one backing through a registered broker-dealer. The objecting companies include Microsoft and Apple, covering all seven members of the Magnificent Seven. Crypto-linked firms including Coinbase, Robinhood, Circle, Strategy, Securitize and BitGo continue to support the model, while companies have raised concerns about reputational or legal exposure if synthetic wrappers fail to track their underlying shares. Coinbase CEO Brian Armstrong and Securitize’s Carlos Domingo have argued that regulated tokenization could broaden shareholder access and improve liquidity.