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Tesla, Amazon and SpaceX reject tokenized stocks

Original: Tesla, Amazon, and SpaceX among companies snubbing tokenized stocks

Tesla, Amazon and SpaceX are reportedly among a group of major companies distancing themselves from tokenized stock offerings. Tokenized stocks are blockchain-based representations of company shares, often issued by crypto platforms without the companies' involvement. The firms named have not endorsed or authorised these products, highlighting growing tension between traditional corporations and the crypto sector over unauthorised digital versions of their shares.

Why now: Tokenized stock products have surged in popularity on crypto platforms, prompting major companies to publicly disavow them

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