CoreWeave, Broadcom, Verizon among nine companies objecting to tokenized trading of their shares on OKXICE
60-second summary
CoreWeave, Broadcom, Verizon and six others file objections to OKXICE’s plan to token‑trade their shares, citing regulatory uncertainty and potential market disruption. Applied Optoelectronics adds it cannot assess how tokenization would impact its stock price, liquidity or volatility, fearing price distortion. The collective push signals heightened scrutiny, likely slowing broader crypto‑linked equity adoption.
Applied Optoelectronics told the WSJ it objected because it was unsure how tokenization would affect its stock price, liquidity and volatility.