Prop firm news

DTCC launches tokenization: 34 securities, 20 participants, $114 trillion under custody

On October 28, The Depository Trust Company (DTC) - the main US depository, through which clearing of trades on NASDAQ passes - activated the DTCC Tokenization Service. Traditional stocks and bonds can now be converted into tokens on a blockchain and sent to digital wallets while retaining the same ownership rights.

26 out of 62: Intel, Oracle and IBM opted out of tokenizing their shares on the OKX and ICE platform

Four new refusals have been added to the OKXICE project - a joint venture between the OKX crypto exchange and Intercontinental Exchange (the owner of the New York Stock Exchange). Now 26 issuers from the original list of 62 companies have spoken out against trading tokenized versions of their shares.