Nvidia, Nike and 48 Other Companies Oppose OKX Stock Tokenization Plan

Nvidia, Nike and 48 other major companies have formally objected to a plan by the crypto exchange OKX and Intercontinental Exchange, the parent company of the New York Stock Exchange, to tokenize their shares. The number of objecting companies increased from 38 to 50 in two days, making the group 50 strong. The companies’ objection is directed at the proposed conversion of their shares into tokens through OKX and ICE.