Wells Fargo Among Firms Objecting to OKX-ICE Tokenized Stock Plan
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Wells Fargo was among 22 companies that had filed objections by Friday to a proposed OKX-ICE tokenized stock platform, according to Cointelegraph.
Wells Fargo and other companies have objected to a proposed tokenized stock platform from the OKX-ICE joint venture, Cointelegraph reported.
The proposal seeks to operate under the US Securities and Exchange Commission’s innovation exemption. The objections concern the venture’s planned tokenized stock listings.
By Friday, 22 companies had submitted objections, according to the report. The source did not specify their individual concerns or indicate whether the SEC had reached a decision on the proposal.
Source: Cointelegraph
