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Walmart and Eli Lilly Push Back Against OKX-ICE Tokenized Stock Plans

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

Walmart and Eli Lilly have joined a growing number of companies opposing plans by crypto exchange OKX and Intercontinental Exchange (ICE) to offer tokenized versions of their stocks. The pushback highlights tensions between traditional corporations and crypto platforms seeking to tokenize real-world assets without explicit corporate consent.

WHY IT MATTERS

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

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SOURCES

  • coindesk.com

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Tokenized SecuritiesReal-World AssetsTraditional FinanceCorporate Governance