Wells Fargo, Intuit, and Arm Holdings are among six more companies objecting to having their shares traded as blockchain-based tokens, bringing the total number of corporate holdouts to 22 as Wall Street’s ambitious experiment with around-the-clock stock trading encounters mounting resistance.

The latest objections were disclosed in a regulatory document obtained by Reuters on Friday, adding to a growing list of major American companies challenging plans by cryptocurrency exchange OKX and Intercontinental Exchange (ICE)—the parent company of the New York Stock Exchange—to tokenize publicly traded equities.

The six additional objections bring the total to 22, up from 16 earlier this week. A Wells Fargo spokesperson declined to comment to Reuters, while representatives for Arm and Intuit did not immediately provide responses.

The dispute centers on OKXICE, a joint venture seeking to transform stock trading by offering blockchain-based representations of conventional shares that can be bought and sold 24 hours a day, seven days a week.

The venture initially proposed tokenizing shares of 63 stocks through a new regulatory framework introduced by the Securities and Exchange Commission (SEC) in September. The temporary exemption allows qualifying platforms to operate without meeting certain requirements imposed on traditional stock exchanges.

However, the framework includes a significant safeguard for publicly traded companies: Issuers must receive advance notice before their shares are tokenized by third parties, and can block those offerings by formally objecting.

The latest objections follow similar moves by some of corporate America’s biggest names.

com News reported earlier this week , Microsoft, Google parent Alphabet, Goldman Sachs, Qualcomm, Caterpillar, McDonald’s, and Western Digital joined the opposition in an Oct.

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