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Is Crypto Taking Over Stock Trading? Not Yet—67 Companies Push Back — TradingView News

Is Crypto Taking Over Stock Trading? Not Yet—67 Companies Push Back — TradingView News

The tokenization of U.S. stock trading is gaining momentum, with a new tokenized securities platform set to launch on Nov. 23 despite objections from 67 publicly traded companies.

OKXICE, a joint venture between crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange ICE, plans to offer more than 70 tokenized stocks and 59 ETFs from Direxion.

Bloomberg on Wednesday highlighted that of the 62 companies initially targeted by OKXICE, 56 objected to having their shares traded on the platform. 67 companies have overall pushed back against the plans.

The six without disclosed objections include crypto-linked companies Coinbase Global COIN, Strategy MSTR and Robinhood Markets HOOD.

Major companies, including McDonald’s,…

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