【CyberBit】Why Are Giants Rejecting Stock Tokenization?
#FOMCWatch
IBM, Oracle, Intel, and IonQ oppose OKXICE issuing blockchain-based versions of their stocks, bringing the total number of issuers opposed to 26. These objections highlight issuers’ cautious stance toward the U.S. Securities and Exchange Commission’s five-year innovation exemption, which allows around-the-clock blockchain trading but gives companies 30 days to block their inclusion. Industry experts previously told CoinDesk that the objections may reflect a wait-and-see approach, with issuers seeking a clearer understanding of shareholder protections and the benefits of tokenized trading before participating.$OKLO 😂😂😂😂🤔🤔🤔
#FOMCWatch
IBM, Oracle, Intel, and IonQ oppose OKXICE issuing blockchain-based versions of their stocks, bringing the total number of issuers opposed to 26. These objections highlight issuers’ cautious stance toward the U.S. Securities and Exchange Commission’s five-year innovation exemption, which allows around-the-clock blockchain trading but gives companies 30 days to block their inclusion. Industry experts previously told CoinDesk that the objections may reflect a wait-and-see approach, with issuers seeking a clearer understanding of shareholder protections and the benefits of tokenized trading before participating.$OKLO 😂😂😂😂🤔🤔🤔
