Intel, Oracle, IBM, and IonQ have formally objected to the plans by OKX and Intercontinental Exchange (ICE) to offer blockchain-based trading of their shares, increasing the total number of objections to 26. This growing list of objections reflects issuer caution regarding the SEC’s new framework for tokenized stock trading, which allows companies to block their shares from being offered. Industry experts suggest that companies are adopting a wait-and-see approach to better understand the implications of tokenized trading.
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Major Firms Raise Concerns Over OKX-ICE Tokenized Stock Initiative
This is the reported brief. The desk does not add a separate analysis that was not in the source check.
Original sourcecoindesk.comcoindesk.com
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