Skip to main content
Back to news
Regulation

Nvidia, Nike Among 50 Companies Blocking OKX and ICE Stock Token Initiative

(1 day ago) · 1 source · Summarized by CryptoBipto

Approximately 50 companies, including Nvidia and Nike, have moved to block an effort by OKX and the Intercontinental Exchange (ICE) to offer tokenized versions of their stocks. The companies are reportedly opposing the creation of crypto-based tokens that represent shares in their firms.

WHY IT MATTERS

Tokenized stocks are digital tokens on a blockchain that are designed to mirror the price of a real company's stock.

Read the full analysis with a CryptoBipto membership

Members read why every story matters and the full analysis behind it.

SOURCES

  • bitcoinmagazine.com

RELATED

Tokenized SecuritiesReal-World AssetsStock TokenizationOKXCorporate Governance