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Microsoft, Alphabet and Goldman Sachs join objections to OKXICE tokenized stocks
Published Source: CryptoPolitanRead original
Crypto Insight Summary: More US-listed companies have joined the increasing list of those that have invoked an SEC objection right to prevent tokenized versions of their shares from being traded on OKXICE. Alphabet (GOOG, GOOGL), Goldman Sachs (GS), and Microsoft (MSFT) are the latest to voice their objection to the joint venture between crypto exchange OKX and NYSE... Crypto Insight Analysis: Direction: Bearish OKX Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Major US companies' objections may deter institutional adoption of tokenized stocks on OKXICE.