Microsoft and Alphabet oppose proposed tokenised share trading

Microsoft, Alphabet and McDonald’s are among 22 publicly traded companies objecting to plans to offer blockchain-based versions of their shares on a proposed US trading platform, complicating a venture backed by cryptocurrency exchange OKX and New York Stock Exchange owner Intercontinental Exchange. The opposition widened on Friday when six more companies, including Wells Fargo, Arm Holdings and Intuit, joined the list of issuers resisting the proposed OKXICE […] The article Microsoft and Alphabet oppose proposed tokenised share trading appeared first on Arabian Post.