SEC tokenized stock framework faces issuer pushback as Broadcom, Verizon object to OKX-ICE listing
Summary
Broadcom and Verizon have joined a growing group of companies objecting to a planned OKX-ICE venue under the regulatory framework for tokenized stocks. In addition, Nasdaq stated it will opt out of the system, reflecting broader industry resistance to the initiative.
Eight more companies objected to trading on the planned OKX-ICE venue, while Nasdaq has separately said it would opt out under the SEC’s framework.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.