Nasdaq declined to comment on claims that its representatives discouraged listed companies from tokenising shares through OKXICE's TSV scheme, a spokesperson said. Nasdaq said it will not take part in venues operating under the SEC innovation exemption and will pursue its issuer-centred equity token model.
Nasdaq declines comment on claims it discouraged tokenised shares via OKXICE
NewsFeeds update
The story so far: Companies oppose OKXICE stock tokenisation
Companies including JPMorgan, AMD and Coca-Cola have opposed OKXICE, the OKX and ICE joint platform, tokenising their shares, with 38 firms objecting. Nasdaq representatives advised listed companies against it, and Nasdaq has now declined to comment on those claims, saying it will not join venues under the SEC…
JPMorgan among seven firms opposing OKXICE stock tokenisation, total reaches 33
JPMorgan, AMD, Applied Materials, Coca-Cola, Adobe, Dell and SanDisk have opposed OKXICE tokenising their shares, taking the number of objecting companies to 33, Eleanor Terrett reports.
38 companies oppose stock tokenisation listings on OKXICE
The number of companies opposing stock tokenisation listings on OKXICE, the OKX and ICE joint platform, has risen to 38 from 33. Eli Lilly, Carnival, Arcos Dorados, Walmart and Cigna joined the list in a 28 Oct notice.
Nasdaq says listed firms should oppose tokenised trading on OKXICE, journalist says
Journalist Eleanor Terrett says Nasdaq representatives have been advising listed companies against letting their shares trade through tokenisation on OKXICE, the OKX and Intercontinental Exchange venture. She says 38 companies have objected, 23 of them Nasdaq-listed.
Nasdaq declines comment on claims it discouraged tokenised shares via OKXICE
Nasdaq declined to comment on claims that its representatives discouraged listed companies from tokenising shares through OKXICE's TSV scheme, a spokesperson said. Nasdaq said it will not take part in venues operating under the SEC innovation exemption and will pursue its issuer-centred equity token model.
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