SpaceX joined several other issuers objecting to OKXICE tokenized trading, months after crypto platforms offered tokens tied to its shares.
This story was originally published by Cointelegraph.
TL;DR: Tether said on November 2 that it froze more than $1.5 billion in USDT linked to the late-October Binance attack, working with investigators and industry partners. Tether’s announcement gives…
Tesla, Amazon, Netflix and three other major companies have dealt another blow to OKX’s stock tokenization ambitions.
Amazon, Tesla, SpaceX, Netflix, Lam Research, and SoFi objected to trading of their shares on the planned OKX-ICE tokenized stock venue, bringing the total to 56.
Objections have reached 56 companies, with nearly 80% of the venture’s initial stock selection opting out.
Governance group Open Standard will charge a 0.1 basis point management fee on payment volume, capped at at $0.01 per payment.
Participating institutions can settle tokenized deposit transactions in central bank money beyond conventional hours, supporting treasury and fund activity.
