INSTITUTIONAL | Microsoft, Alphabet, Qualcomm, Goldman Sachs Join Opposition to OKX-ICE Tokenized Stock Trading

7 more companies have objected to having tokenized versions of their shares traded on a planned platform from crypto exchange OKX and Intercontinental Exchange (ICE), bringing the disclosed number of objectors to 16. Microsoft, Alphabet, Goldman Sachs, Qualcomm, Caterpillar, McDonald’s, and Western Digital were named in an updated notice dated October 19, joining earlier objectors including Broadcom, Verizon, and United Health Group. INSTITUTIONAL | Why Major U.S-Listed Companies are Opposing New York Stock Exchange Tokenization Plans Andrew Cuomo, co-chair of the OKX-ICE joint venture and a former New York Governor, described the objections as a natural response to a new…