Robinhood backs tokenization of its stock on OKX–ICE platform even as most companies opt out
Summary
Online brokerage Robinhood has chosen to support the tokenization of its shares on a new platform created by OKX and the Intercontinental Exchange. While many other corporate firms have pushed back against the project, the company decided to participate in building these tokenized markets instead of remaining inactive.
The brokerage firm said it would rather help build tokenized markets than sit on the sidelines, following a wave of early corporate pushback to the Intercontinental Exchange and OKX joint venture.
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