Six additional companies, including Wells Fargo, Arm Holdings, and Intuit, have reportedly declined to allow tokenised versions of their shares on the trading platform jointly backed by crypto exchange OKX and Intercontinental Exchange (ICE), according to a regulatory document reported by Reuters. The new objections bring the total number of issuers opting out to 22.

The document sets out the rules of the OKXICE venture and lists the companies that have objected, but it does not state their reasons. Of the 22 issuers, 16, including Microsoft and Alphabet, are listed on Nasdaq. The remainder are listed on the New York Stock Exchange, which is owned by ICE. Wells Fargo and Intuit declined to comment, while Arm did not immediately…