Goldman Sachs, McDonald’s and Microsoft object to tokenized versions of their shares

Some of the biggest names in corporate America have a message for the tokenization crowd: not with our stock, thanks. Goldman Sachs, McDonald’s and Microsoft are among the companies that have formally objected to having tokenized versions of their shares traded on OKXICE, according to the WSJ. OKXICE is a planned trading venue built by crypto exchange OKX and Intercontinental Exchange (ICE), the company that owns the New York Stock Exchange. The opt-out list keeps growing As of October 19, 2026, 16 companies had objected. That is up from nine the week before. The latest batch, added on October 19, includes Goldman Sachs, Microsoft, Alphabet, McDonald’s, Qualcomm, Caterpillar and Western Digital. They join an earlier group of objectors disclosed by October 15. That cohort included Broadcom, Verizon, UnitedHealth and CoreWeave. The original proposed roster for OKXICE covered 63 tickers representing 62 companies. The objections have already led to at least 17 symbols being dropped from the initial launch list. Applied Optoelectronics, one of the earlier objectors, spelled out its reasoning. The company raised concerns about how tokenized trading could affect its share price and how in...