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Microsoft and Alphabet join 14 other companies objecting to a plan by OKXICE, a venture of OKX and ICE, to trade blockchain-based versions of their shares (Camila Grigera Naón/Fortune)

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In short

Microsoft and Alphabet, along with 14 other companies, have joined a growing movement of resistance to OKXICE's plan to trade blockchain-based versions of their shares. The companies are concerned about the potential risks and uncertainties associated with this type of trading.

Key points

  • The companies are concerned about the potential risks and uncertainties associated with b…: The companies are concerned about the potential risks and uncertainties associated with blockchain-based share trading.
  • This is a growing movement of resistance to OKXICE's plan.: This is a growing movement of resistance to OKXICE's plan.
  • The companies are concerned about the potential risks and uncertainties associated with t…: The companies are concerned about the potential risks and uncertainties associated with this type of trading.

Sources checked by our analysis pipeline: 1

Camila Grigera Naón / Fortune : Microsoft and Alphabet join 14 other companies objecting to a plan by OKXICE, a venture of OKX and ICE, to trade blockchain-based versions of their shares   —  A growing number of companies are pushing back against tokenized trading of their shares.  Microsoft and Alphabet are the latest …

Original source: www.techmeme.com

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