TechFortune59m ago
Microsoft and Alphabet join 14 other companies objecting
Microsoft and Alphabet join 14 other companies objecting to a plan by OKXICE, a venture of OKX and ICE, to trade blockchain-based versions of their shares
TL;DRMajor tech firms oppose plans to trade tokenized versions of their stock.
Why it matters: Shows corporate resistance to blockchain finance adoption, signaling regulatory and legal uncertainty ahead.
A growing number of companies are pushing back against tokenized trading of their shares. Microsoft and Alphabet are the latest …
Read full articleSource: Fortune · Opens in new tab