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Crypto platforms face major hurdles in racing to tokenize equities! Over 90% of target companies have declined to participate.

Crypto platforms face major hurdles in racing to tokenize equities! Over 90% of target companies have declined to participate.

The resistance from listed companies highlights an obstacle facing this nascent market in its early stages of development: firms must weigh the opportunities presented by tokenization against associated concerns, including how their shares will be displayed and traded on unfamiliar platforms.

The Zhitong Finance APP has learned that a stock tokenization trading platform operated by OKXICE, a joint venture established by cryptocurrency exchange operator OKX and Intercontinental Exchange (ICE.US), the parent company of the New York Stock Exchange, is scheduled to launch officially on November 23. The platform will list more than 70 digital assets linked to stocks and exchange-traded funds (ETFs).

However, not all assets will be available…

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