Ionq

IBM, Oracle, Intel and IonQ have objected to OKXICE plans to offer blockchain-based versions of their shares, raising the total number of issuer objections to 26. The pushback shows public companies are moving cautiously as OKX and Intercontinental Exchange prepare to test the SEC’s five-year Innovation Exemption for tokenized stock trading.

US equities pulled back after a record-setting Nasdaq advance, with higher crude and Treasury yields weighing on rate-sensitive and cyclical sectors. Selective strength remained in AI infrastructure, quantum computing, and special-situation stocks, but broader participation stayed uneven.