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Crypto & Bitcoin

SpaceX blocks tokenized stock listing on OKXICE despite offshore trading boom

Reported by Isabelle Castro, Cointelegraph

Image: Cointelegraph

SpaceX joined several other issuers objecting to OKXICE tokenized trading, months after crypto platforms offered tokens tied to its shares. Just months after tokenized versions of SpaceX shares became one of the biggest drivers of onchain stock trading, the aerospace company is pushing back against plans to bring similar trading to US investors. According to a Nov. 2 public notice from OKXICE, SpaceX has objected to the proposed listing of tokenized versions of its shares on the trading venue, a joint venture between crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE).

This is an excerpt. The reporting belongs to Cointelegraph.

Read the full report on cointelegraph.com
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