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Apple and Meta Reject OKX and ICE Tokenized Stock Listing Plans

(3 hours ago) · 1 source · Summarized by CryptoBipto

Apple and Meta have rejected plans by crypto exchange OKX and Intercontinental Exchange (ICE) to list tokenized versions of their stocks. The rejections leave crypto-native companies as the primary candidates for tokenized stock offerings. The development highlights ongoing resistance from major traditional companies to having their shares represented as blockchain-based tokens.

WHY IT MATTERS

Tokenized stocks are a concept where traditional company shares, like Apple or Meta stock, are represented as digital tokens on a blockchain.

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SOURCES

  • coindesk.com

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