CryptoGizmodoabout 1 hour ago
Major Firms Reject Stock Tokenization Plans
5 min read
Microsoft, Alphabet, McDonald's, Goldman Sachs, Wells Fargo, and Intuit formally objected to stock tokenization plans by OKXICE on the 19th. This follows nine earlier objections from Verizon and others. The SEC granted a five-year exemption for trading tokenized stocks, though companies have 30 days to object after receiving notice.
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