JPMorgan, Coca-Cola, Dell also say ‘no’ to OKX-ICE tokenized tock trading plan
Nearly half the companies on the venture’s original roster have now objected to their shares trading on the planned blockchain-based venue.
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Summary
- JPMorgan Chase, Coca-Cola, Dell Technologies and four other companies have objected to inclusion on OKXICE’s tokenized stock trading platform, raising disclosed objections to 33.
- Thirty of the 62 companies originally proposed for trading have opted out, representing about 48% of the initial roster.
- The venture plans to offer round-the-clock, stablecoin-settled trading under the SEC’s five-year “Innovation Exemption,” but issuers remain cautious about the emerging market structure.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
