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OKX-ICE Tokenized Stock Venue Launches After Big Tech Companies Decline to Participate

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

The joint venture between crypto exchange OKX and Intercontinental Exchange (ICE) to create a tokenized stock trading venue is moving forward with a launch, but major technology companies have opted not to have their stocks listed on the platform. The venue is instead turning to crypto-related companies to populate its initial listings.

WHY IT MATTERS

Tokenized stocks are digital versions of traditional company shares that live on a blockchain — the same type of technology that powers cryptocurrencies like Bitcoin.

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SOURCES

  • decrypt.co

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