Putting stocks on-chain starts with authorization. CoinDesk reported on November 6 that Apple and Meta opposed OKX–ICE’s stock tokenization plans; the report noted that about 90% of the initial issuers opted out.
My take: A technology’s transferability doesn’t mean the issuer approves; being tradable on-chain doesn’t automatically mean direct share ownership either. When evaluating these products, first check the legal rights, redemption mechanisms, and trading restrictions, then look at trading activity. This is a follow-up on an earlier report, not breaking news today.
Source: CoinDesk, “Apple, Meta reject OKX–ICE tokenized stock plans.”