Microsoft, McDonald’s Object to OKX-ICE Tokenized Stock Plan
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Microsoft, McDonald’s, Alphabet and Goldman Sachs have formally opposed plans to trade tokenized versions of their shares on a proposed OKX-ICE platform.
Microsoft, McDonald’s, Alphabet and Goldman Sachs have formally objected to the inclusion of their shares on OKX-ICE’s proposed tokenized stock platform, according to Bitcoin.com News.
The venture seeks to bring stock trading onto blockchain infrastructure, with ambitions to offer trading around the clock. Andrew Cuomo has voiced support for those plans.
The objections highlight resistance from major companies whose shares would be involved. The available report does not detail their reasons or indicate whether the opposition will change the platform’s plans.
Source: Bitcoin.com News
