The $6.3 billion Binance hack showed how quickly cryptocurrencies can disappear on blockchain rails. Tokenized securities may offer better recourse than crypto after a theft, but the markets around them can still break down when stress hits.
Corporate giants Tesla , Amazon , and Netflix have rejected cryptocurrency exchange OKX’s proposal to issue tokenized versions of their shares. 49…
Objections have reached 56 companies, with nearly 80% of the venture’s initial stock selection opting out.
Nearly 70% of the companies initially selected for OKXICE have objected to the tokenization of their U.S. stocks, with Nvidia, Costco, Nike…
