22 Companies Block OKXICE Tokenized Stocks, Putting 63-Share Crypto Plan Under Pressure

2 hours ago 4

Rommie Analytics

Key Takeaways:

  • A total of twenty-two companies have declined to accept tokenization of their shares on the pending OKXICE.
  • Among the most recent rejecters are Wells Fargo, Arm Holdings and Intuit.
  • The SEC has established an innovation exemption that will effectively bar tokenization listings of stocks, which will impose an obstacle to tokenizing stocks.