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 …
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)
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.