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Microsoft, Alphabet, Goldman Sachs Join Corporate Backlash Against Tokenized Stocks

Seven more companies, including Microsoft, Google parent Alphabet, and Goldman Sachs, have objected to having their shares traded on OKXICE TSV, a planned tokenized stock venue from OKX and NYSE owner Intercontinental Exchange. The venue, which will offer stocks tokenized by either an outside party or the issuer itself, has seen a rise in objecting issuers from nine to 16. Goldman Sachs, known for its investments in blockchain-based markets, is one of the companies joining the list of objectors.

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