From TokenPost · · 40s
OKXICE Faces 16 Companies' Token Stock Objections
16 companies object to OKXICE's tokenized stock trading.
In brief
16 companies object to OKXICE's tokenized stock trading. 16 firms including Microsoft and Goldman Sachs object to tokenized shares trading on OKXICE's platform. Originally reported by TokenPost.
16 companies object
Microsoft, Alphabet and Goldman Sachs join 16 firms objecting to tokenized versions of their shares trading on OKXICE’s planned venue.
SEC's 30-day objection window
The sec gives issuers 30 calendar days after receiving notice to object to trading on a venue when an unaffiliated third party creates tokens representing its stock.
OKXICE's tokenized stock plan
Okxice is a venture between okx and intercontinental exchange, planning to pair stock tokens with stablecoins in permissioned liquidity pools on xlayer.
The essence
16 firms including Microsoft and Goldman Sachs object to tokenized shares trading on OKXICE's platform.
