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.
AI Summary
Microsoft, Alphabet, and Goldman Sachs are among seven additional companies that have objected to their shares being traded in tokenized form on the OKX-ICE platform, bringing the total number of objections to 16. This pushback poses challenges for the SEC's framework that permits issuers to block the trading of blockchain-based versions of their shares. The objection list now includes other companies like Qualcomm, Caterpillar, McDonald's, and Western Digital.