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OKXICE Faces Regulatory Objections to Stock Tokenization

OKXICE, a joint venture between crypto exchange OKX and Intercontinental Exchange, plans to offer tokenized versions of US stocks through automated trading pools. However, the venture has faced significant regulatory objections from more than 90% of the targeted stocks, including Apple, Nvidia, Microsoft, Amazon, Tesla, and Meta. This has raised questions about the viability of the project and the securities it can offer.

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