NYSE-backed crypto venture faces 90% stock rejection as $92 liquidity problem threatens tokenization dream
Photo: CryptoSlate
More than 90% of the stocks targeted by OKX and NYSE-backed tokenization venture now face objections from their issuers. A comparison of OKXICE's latest regulatory notice with its original October proposal shows that companies have objected to 57 of the 63 stock tickers initially earmarked for trading. The objections, which have grown to 67 companies overall, include Apple , Nvidia , Microsoft , Amazon , Tesla , and Meta, threatening to strip the proposed blockchain-based marketplace of many of Wall Street's most widely traded names before its launch.
Source: CryptoSlate
