Nine companies, including Broadcom and Verizon, have formally objected to the listing of tokenized versions of their shares by the OKX-ICE blockchain exchange. These tokenized stocks represent digital versions of shares but may lack shareholder rights like dividends or voting, raising concerns for companies like Verizon. The SEC exemption rule allows companies to block tokenized stock listings within 30 days of notification, which these companies have done. This legal challenge could influence future requirements for company consent before tokenized stocks are traded, while existing shareholders remain unaffected.
Broadcom (AVGO) holds a market cap of $1.57 trillion and a dividend yield of 0.79%, while Verizon (VZ) offers a notably higher dividend yield of 6.32% with a market cap of $186.09 billion. On Pluang, as of Oct 19, 2026 01:41 WIB, Broadcom's price is $328.75, down 4.52% in one day, whereas Verizon's price is $44.79, up 0.88%. These figures highlight the significant scale and income potential of these companies amid their objections to tokenized share listings.
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