Crypto Watcher
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🔶 Keeping an #EYE on the major news in the #CRYPTO Market

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🚨 Microsoft and Alphabet Object to Tokenized Stock Trading

Microsoft, Alphabet, and Goldman Sachs have officially joined a growing list of 16 companies objecting to their shares being traded on OKXICE TSV, a new tokenized stock venue. This platform is a joint venture between the OKX exchange and NYSE owner Intercontinental Exchange (ICE).

The venue plans to offer 24/7 trading of U.S. stocks on the XLayer blockchain using Uniswap v4 liquidity pools. All trades are settled in stablecoins like USDC and USDT. Other major firms filing objections include McDonald’s, Qualcomm, and Caterpillar.

#OKX #Tokenization #RWA #SEC