NYSE owner's tokenised stock plan hits hurdle as 38 companies object
- —38 of 62 companies object to tokenisation of their shares
- —Objectors include Alphabet, Oracle and Microsoft
- —The plan is led by ICE, owner of the New York Stock Exchange
Why it matters: Pushback from major issuers could delay the launch of tokenised equities and set a precedent for the broader RWA market.
Source: Financial Times Crypto