Wells Fargo, Intuit Join Growing Corporate Revolt Against Tokenized Stocks: Reuters

Wells Fargo, Intuit and Arm Holdings are among six more companies objecting to their shares being traded as blockchain-based tokens, per Reuters. That brings the total number of corporate holdouts to 22 as Wall Street's push for around-the-clock tokenized stock trading meets growing resistance. Traders watching tokenization and real-world-asset narratives should note that issuer pushback could slow adoption and regulatory clarity for equity tokens.