Wells Fargo, Intuit others object to their shares being tokenized- regulatory document

Wells Fargo, Intuit, and Arm Holdings are among six additional companies objecting to the tokenization of their shares. This brings the total number of corporate holdouts to 22, as disclosed in a recent regulatory document. These firms are joining a growing corporate revolt against trading stocks as blockchain-based tokens. This resistance emerges as Wall Street's experiment with around-the-clock stock trading faces increasing opposition from major corporations seeking to prevent their shares from being tokenized.