Wells Fargo, Arm Holdings and Intuit were reportedly among six more companies objecting to the joint venture between the OKX exchange and NYSE parent ICE.
- Wells Fargo, Arm Holdings, and Intuit are among six companies that have reportedly objected to listing their stocks on the OKX-ICE tokenized stock platform.
- These objections add to previous concerns raised by Microsoft and Alphabet, highlighting a cautious approach from established companies towards tokenizing their shares.
- Nasdaq has also issued guidance urging caution for companies considering tokenized stock trading under SEC exemptions, citing potential impacts on liquidity and shareholder value.
Topics: Asset types, Legal regulatory, Institutional adoption, Equity, Securities law classification, Asset manager initiatives
Tags: #tokenizedstocks #okx #ice #wellsfargo #objections #nasdaq #sec #andrewcuomo #intuit #armholdings
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