Yhn BusinessCrypto first seen 4 d ago, last 1 h ago, peak #2
Microsoft and others tell crypto platform not to tokenize their stocks
Microsoft, McDonald's, Verizon and other major companies have told a crypto platform to stop offering tokenized versions of their stocks. The tokenized shares give crypto traders exposure to the companies' share prices without ownership of the actual securities, raising legal and trademark concerns for the firms involved. The story is being widely discussed on Hacker News.
Why now: Major brands are pushing back against crypto platforms trading tokenized versions of their shares, a fresh flashpoint over securities law and crypto innovation.
MicrosoftMcDonald'sVerizoncrypto platform
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