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Amazon, Tesla and SpaceX Object to OKX-ICE Tokenized Stock Plans
(5 hours ago) · 2 sources · Summarized by CryptoBipto
Amazon, Tesla, and SpaceX have joined objections to a proposed tokenized stock offering by crypto exchange OKX in partnership with Intercontinental Exchange (ICE). The companies have raised concerns as a regulatory deadline approaches. The objections add major corporate voices to resistance against the tokenization of traditional equities on crypto platforms.
WHY IT MATTERS
Tokenized stocks are like digital copies of company shares that live on a blockchain, the same type of technology that powers cryptocurrencies.
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SOURCES
- coindesk.com
- thedefiant.io
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