Walmart, Microsoft and JPMorgan Resist NYSE-Backed Push to Tokenize Their Shares
Photo: TheCoinrise
A group of 38 companies has objected to a tokenization initiative tied to NYSE, with rival exchange lobbying also alleged. Walmart, Microsoft and JPMorgan have pushed back against a tokenization venture backed by NYSE, according to a report from CryptoSlate. The three companies are reportedly part of a larger group blocking the effort, which would involve issuing tokenized representations of their publicly traded shares. A separate report from crypto.news puts the number of objecting companies at 38.
Source: TheCoinrise
