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CoreWeave, Broadcom reject tokenized shares on OKXICE venue
Published Source: CryptoPolitanRead original
Crypto Insight Summary: CoreWeave (NASDAQ: CRWV) and Broadcom (NASDAQ: AVGO) have told OKXICE that they do not want tokenized versions of their stock to be traded on its new venue. The venue is operating under the SEC’s exemption rule that lets it treat 30 days of silence from companies as a yes to having their stock tokenized. Will... Crypto Insight Analysis: Direction: Bearish OKB Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Rejection of tokenized stocks by major firms undermines investor confidence in OKXICE platform.