Microsoft, Alphabet Bar Their Tokenized Shares From OKX-ICE Venue as Objections Hit 16
By Unchained
AI summary of the source article
Sixteen public companies, including Microsoft and Alphabet, have formally objected to tokens of their shares trading on OKXICE TSV. Under SEC exemption rules, issuer objections prevent the venue from making those tokenized stocks available for trading.
Key facts
- Sixteen companies, including Alphabet, Microsoft, and Goldman Sachs, have objected to their tokenized shares trading on OKXICE TSV.
- Under a September 17 SEC exemption order, an issuer's written objection bars the venue from offering that tokenized NMS stock for trading.
- Of the 62 companies originally planned for the venue, 47 have not disclosed objections so far.
Source excerpt · Unchained
An updated notice from the ICE and OKX joint venture shows seven more companies have refused, which under SEC conditions keeps their stock tokens off the planned 24/7 venue. The post Microsoft, Alphabet Bar Their Tokenized Shares From OKX-ICE Venue as Objections Hit 16 appeared first on Unchained .