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Nvidia, Costco and Nike Push Back Against OKX-ICE Tokenized Stock Plans
(2 hours ago) · 1 source · Summarized by CryptoBipto
Major corporations including Nvidia, Costco, and Nike have joined opposition to plans by crypto exchange OKX and Intercontinental Exchange (ICE) to offer tokenized versions of their stocks. The pushback adds prominent corporate names to resistance against the tokenization of traditional equities on blockchain platforms.
WHY IT MATTERS
Tokenized stocks are digital versions of real company shares that live on a blockchain, similar to how a gift card represents money you can spend at a store.
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SOURCES
- coindesk.com
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