CRYPTO IN AMERICA · 2026-11-02 13:36 UTC

Wall Street's Tokenization Fight Gets Messy as Crypto Gears Up for Election Day

50 companies have filed objections to NYSE parent ICE and OKX's plan to tokenize shares of 62 major public companies, with 43 of those on the original list, representing nearly 70% objection rate. Nasdaq representatives allegedly urged listed companies to object to the tokenization plan, and a Wall Street Journal ad funded by a conservative nonprofit also urged companies to object, though Nasdaq denied involvement. The objections raise questions about whether the SEC's tokenization experiment can succeed, as companies cite concerns about share price, liquidity, volatility, shareholder…

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