Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform

Alphabet and Microsoft have officially added objections to the proposed tokenized stock platform developed by OKX-ICE. Approximately 25% of the US-listed companies included in the initial proposal are now requesting to opt-out of the venture. Andrew Cuomo of OKX-ICE described these issuer objections as a natural response to the tokenized stock plans. The move highlights significant resistance from major corporations regarding the integration of their stocks into the new digital asset framework.