Wells Fargo, Intuit Join Opposition to Tokenized Stock Plan: Reuters
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Wells Fargo and Intuit have joined other companies opposing a tokenized stock proposal, according to a Reuters report cited by Bitcoin.com News.
Wells Fargo and Intuit have joined corporate opposition to a tokenized stock proposal, according to Reuters, as cited by Bitcoin.com News.
The report’s headline points to widening resistance among companies. The supplied material does not identify the proposal’s sponsor or explain the firms’ objections.
Tokenized stocks generally use blockchain-based tokens to represent shares or exposure to their value. The rights attached to those tokens depend on how the product is structured.
Source: Bitcoin.com News
