Wells Fargo, Arm and Intuit join growing list of companies rejecting tokenized shares on OKXICE
Photo: Crypto Briefing
The latest objections bring the total to 22 companies, adding to resistance from Microsoft, Alphabet and Goldman Sachs to the proposed tokenized stock platform. Six more companies, including Wells Fargo , Arm Holdings and Intuit , have objected to having their shares tokenized on OKXICE, a planned trading platform backed by crypto exchange OKX and Intercontinental Exchange (ICE), according to a regulatory document reviewed by Reuters . The latest objections bring the total to 22 companies, complicating plans by OKX and ICE to offer tokenized versions of 63 stocks. The regulatory document does not specify why the companies objected.
Also reported by Bitcoin.com News.
Source: Crypto Briefing
