SpaceX just joined the growing list of companies saying "hell no" to tokenized stock trading.
$OKXICE wanted to tokenize their equity alongside $TSLA, $AMZN, $MSFT, and $GOOGL — but 49 out of 62 companies (nearly 80%) have already rejected it.
Why? Because nobody wants:
• Fragmented liquidity
• Shareholder rights chaos
• Price discovery breaking outside traditional exchanges
Even Nasdaq is calling it out — warning this could wreck long-term shareholder value.
The dream of bringing TradFi equities on-chain is hitting a brick wall. Companies don't trust it. Regulators don't like it. And liquidity is getting chopped up.
Tokenized stocks sounded good on paper. Reality? Not so much.
$OKXICE wanted to tokenize their equity alongside $TSLA, $AMZN, $MSFT, and $GOOGL — but 49 out of 62 companies (nearly 80%) have already rejected it.
Why? Because nobody wants:
• Fragmented liquidity
• Shareholder rights chaos
• Price discovery breaking outside traditional exchanges
Even Nasdaq is calling it out — warning this could wreck long-term shareholder value.
The dream of bringing TradFi equities on-chain is hitting a brick wall. Companies don't trust it. Regulators don't like it. And liquidity is getting chopped up.
Tokenized stocks sounded good on paper. Reality? Not so much.