Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform

Alphabet and Microsoft are among roughly 25% of US-listed companies in OKX and ICE's proposed tokenized stock platform that have asked to opt out of the venture. The objections concern a plan to offer tokenized versions of their shares on the OKXICE platform. The pushback creates a legal and operational hurdle for the tokenized-equity product, though it does not directly target any major crypto asset, so the read-through for token prices is limited.