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Wells Fargo and Others Challenge OKXICE Tokenized Stock Plan
Wells Fargo, Arm Holdings, and Intuit have joined 19 other companies in opposing OKXICE’s plan to trade tokenized shares. The objections highlight potential hurdles for platforms seeking to bring traditional stocks onto blockchain networks. OKXICE planned to tokenize 63 stocks through their venture, but the platform’s proposed rules prevent companies from being listed if they formally object.