Update
OKXICE Receives 16 Company Objections to Tokenized Stock Trading Platform
Andrew Cuomo, co-chair of OKXICE and former New York governor, stated that objections from major US companies to the venture's proposed tokenized stock trading platform were expected. Microsoft, Alphabet, Goldman Sachs, Qualcomm, Caterpillar, McDonald's, and Western Digital joined nine previously disclosed objectors, including Broadcom, Verizon, UnitedHealth, CoreWeave, and AppLovin. The total number of objectors now stands at 16, representing approximately a quarter of the 62 companies initially proposed for the platform. Cuomo anticipated that many companies would wait to see how the platform develops before deciding whether to participate.