Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The race to bring traditional stocks onto blockchain networks is facing a significant setback after Apple and Meta joined a growing list of companies rejecting plans to tokenize their shares through a new venture backed by crypto exchange OKX and Intercontinental Exchange (ICE). The objections have narrowed the potential selection of stocks available when the platform launches, leaving a group dominated by companies already connected to the cryptocurrency industry. Strategy, Coinbase, Circle, Robinhood, Securitize and BitGo are among the remaining names without a publicly disclosed objection. The development raises questions about whether tokenized stock trading can attract mainstream companies or whether crypto-native businesses will become the primary participants in the emerging market. Apple and Meta Alongside Dozens of Companies Reject Tokenization Plans Apple and Meta are among the latest major corporations to object to OKXICE’s proposal to offer blockchain-based versions of their publicly traded shares. According to reports, 67 companies have now objected to the initiative. Of...
Apple and Meta Push Back Against OKX–ICE Stock Plans
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