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Major Corporations, Including Microsoft and Alphabet, Unite Against Tokenized Stock Trading

Crypto News

Major Corporations, Including Microsoft and Alphabet, Unite Against Tokenized Stock Trading

Microsoft, Alphabet, Goldman Sachs Join Growing List of Companies Objecting to Tokenized Stocks

Decrypt

Microsoft, Alphabet, Goldman Sachs Join Growing List of Companies Objecting to Tokenized Stocks

Sixteen companies have now objected to having their shares traded on the planned OKX-ICE tokenized stock venue, up from nine just four days earlier, according to an updated public notice.

Microsoft, Alphabet and Goldman Sachs join objections to OKX-ICE tokenized stock trading

CoinDesk

Microsoft, Alphabet and Goldman Sachs join objections to OKX-ICE tokenized stock trading

Seven more issuers have opted out of being listed on the planned tokenized stock venue under the SEC's framework, bringing its disclosed objection count to 16.

Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform

Cointelegraph

Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform

About 25% of the US-listed companies in OKXICE’s initial tokenized stock platform proposal are asking to opt-out of the venture.

Morning Minute: Nine Blue Chip Companies Say No to Tokenized Stocks

Decrypt

Morning Minute: Nine Blue Chip Companies Say No to Tokenized Stocks

If companies are objecting, does that deflate the tokenized stock hopes before they begin to materialize? And who is impacted the most?

OKX-ICE co-chair Andrew Cuomo calls corporate objections a ‘natural response’ to tokenized stock plans

CoinDesk

OKX-ICE co-chair Andrew Cuomo calls corporate objections a ‘natural response’ to tokenized stock plans

The former NY governor, who co-chairs the joint venture between the crypto exchange and Intercontinental Exchange, said companies were expected to take a wait-and-see approach.

Why Some of America’s Biggest Companies Are Objecting to Tokenized Shares

Decrypt

Why Some of America’s Biggest Companies Are Objecting to Tokenized Shares

Nine companies, including Verizon, Broadcom and UnitedHealth, have objected to having their shares traded on the planned OKX-ICE tokenized stock venue.

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