Microsoft and Alphabet object to OKXICE tokenized shares plan

Microsoft and Alphabet joined 14 other companies in objecting to a plan by OKXICE, a venture of OKX and ICE, to trade blockchain-based versions of their shares. The number of companies pushing back against tokenized trading keeps growing.

• Microsoft and Alphabet oppose OKXICE's plan to tokenize their shares
• 16 companies in total object, including the two tech giants
• OKXICE is a joint venture of crypto exchange OKX and ICE