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Report: 33 Major Companies Resist Tokenized Stock Offerings, Apple and Tesla Stay Quiet

Report: 33 Major Companies Resist Tokenized Stock Offerings, Apple and Tesla Stay Quiet

Photo: TheCoinrise

BeInCrypto reports that dozens of large corporations have pushed back against blockchain-based versions of their shares, while two of the most tokenized names have made no public statement. A new report from BeInCrypto says 33 large U.S. companies have moved to block tokenized versions of their shares from circulating on blockchain-based trading platforms. The report names no single trigger event but frames the pushback as a broader corporate response to the rise of tokenized equities offered outside traditional exchanges. Tokenized stocks are blockchain-based tokens meant to track the price of a real company share.

Source: TheCoinrise

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