Three major firms join objections to OKX-ICE tokenized stock trading plan

According to CoinDesk, Microsoft, Alphabet and Goldman Sachs have joined other parties in objecting to the proposed tokenized stock trading venue operated by OKX in partnership with ICE. Seven additional issuers recently chose not to participate in the venue under the U.S. Securities and Exchange Commission’s framework, bringing the total number of issuers that have formally objected to 16. The objections concern the design and implementation of the tokenized stock market under the SEC’s regulatory structure.