Key Highlights: Robinhood confirmed it will not object to having tokenized versions of its stock traded on the upcoming OKXICE platform. Approximately 90% of the originally proposed firms—56 out of 62—have opposed the venture, leaving a small group of crypto-aligned companies on board. Robinhood joins BitGo and Securitize among companies formally recognized as non-objecting, alongside ...
Key Highlights: Major tech giants Apple and Meta Platforms are among the latest firms to formally reject tokenized stock trading initiatives launched by OKX and Intercontinental Exchange (ICE). Around 90% of the originally targeted companies have pushed back, with 56 out of 62 selected firms filing objections alongside 11 additional outside issuers. The remaining pool ...
Key Highlights: Major U.S. corporations, including Microsoft, Alphabet, and Goldman Sachs, have filed formal objections to having their equity shares tokenized under a new SEC regulatory framework. Former New York Governor Andrew Cuomo, board member of OKX and co-chair of the OKXICE venture, defended the initiative, framing the pushback as an experimental phase in transitioning ...
Key Highlights: Securitize has officially introduced an onchain trading platform offering tokenized U.S. stocks backed 1:1 by underlying shares. Initial offerings feature major equities such as Apple, Nvidia, Microsoft, Tesla, and Amazon, trading on the Solana blockchain and settling in USDC. Tokens represent legal security entitlements under UCC Article 8, preserving critical shareholder benefits such ...