Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Apple has officially blocked the launch of tokenized trading in its shares on the new American platform OKXICE TSV. Exercising its thirty-day veto right under the SEC's "innovation exception," the iPhone manufacturer supported a large-scale demarche by issuers.
By November 2026, the number of boycotting companies had reached 59, which effectively paralyzed the largest regulatory experiment on crossing Wall Street with the crypto market.
The OKXICE TSV project — a joint venture between the crypto exchange OKX and Intercontinental Exchange, the owner of the NYSE — was preparing to launch round-the-clock on-chain trading through Uniswap v4 pools on the XLayer blockchain.
However, at the moment, the listing has been blocked by six of the seven members of the "Magnificent Seven" (all except Meta, which was not initially on the lists), as well as SpaceX, The Home Depot, GE Vernova, JPMorgan Chase and Goldman Sachs.
Insiders link this coordinated refusal to corporations' unwillingness to lose control over capital and to harsh behind-the-scenes pressure from the traditional exchange Nasdaq, which actively persuaded issuers to derail the initiative.
Apple shares on the blockchain already exist. But not in America
This internal boycott has exposed a deep regulatory gap: while the legal union of TradFi and DeFi on U.S. territory has been put on pause by the issuers themselves, international capital has long been trading digital analogs of U.S. securities outside the country.
By the end of 2026, when global Bitcoin ownership reached 4.5–6% of the planet's population, an autonomous blockchain liquidity had formed in offshore jurisdictions.
On foreign venues such as Kraken, Bybit and the international circuit of OKX, third-party versions of Apple shares are actively circulating, strictly closed to American residents. Among them, the leader in liquidity is the AAPLx token from Backed Finance on Solana and Ethereum with 1:1 custodial backing of shares, the tokenized AAPLon product from Ondo with automatic dividend reinvestment, as well as the new AAPL tokens from Backpack, subject to direct exchange for physical shares.
Corporate America, in the person of Apple, is defending its sovereignty in the home market, but the offshore market will not be stopped by this.