16 companies, 17 tickers. Companies are objecting to their shares being tokenized through the proposed OKXICE platform.
But we’ve already seen this debate play out with AMC. AMC CEO Adam Aron recently went after Robinhood for offering tokens linked to AMC stock without the company’s consent, arguing that these synthetic products were effectively fake shares and questioning how the practice could be legal. Robinhood maintains that its tokens are debt securities providing price exposure, not actual ownership of the underlying shares.
Should a company have the right to decide whether third parties can tokenize or create products linked to its stock? Or, if a product is legally structured and clearly communicates what the holder actually owns, should the issuer be able to prevent it from existing? There’s an important distinction between tokenizing actual shares with the associated ownership rights and creating a synthetic product that simply tracks a stock’s price. We need to educate people on these differences rather than treating every tokenized stock as the same thing. But at the same time, should companies have complete control over how financial exposure to their stock is created and traded?
Tokenization could open up financial markets to more people, but who gets to control that access? What’s your opinion? Who should get to decide what can be tokenized? - the issuer, the platform, or the regulator?
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16 years ago, Elon Musk with a Roadster on Tesla’s IPO day.
16-year-old Peter Francisco joins the 10th Virginia Regiment of the Continental Army.
Francisco was a Portuguese orphan abandoned in 1765, and was raised by Patrick Henry’s uncle Anthony Winston.
He worked as a blacksmith from age 12 onwards, and he now stands over six feet four inches tall - bigger than most full-grown men.
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16 U.S. Trucking Companies File For Bankruptcy In Less Than A Month As Diesel Prices Soar
16 years ago today, Bruno Mars released ‘Grenade.’
16 MONTHS STRAIGHT. ZERO RELEASES AT THE BORDER!!!😎🇺🇸😘😘😘
16 years ago, the ACA’s Patient’s Bill of Rights took effect—ending lifetime coverage limits, protecting children with pre-existing conditions and safeguarding access to care.
Contrary to the Trump Administration's beliefs, no one should lose coverage when they need it most.
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16 months of zero releases at the border. Deportations up. Violent crime across America down.
Justice is the one thing you should always find. 🍻🇺🇸
16 hours since the audited contracts went live. Where we're at, all on chain, treasury excluded:
$39.5k of stock split · 47 splits · 22 wallets
$11.5k of liquidity from 7 wallets that aren't us
43 swaps across 20 pools
First outside lender and first outside borrower on pSPY / USDG
Also live: every fixed, yield and lending rate on one page, straight from chain. Someone said they couldn't find the APR. Now you can't miss it.
What's next, and it's already built:
pPFE / USDG. A dollar pool for the fixed-rate token. Buy 6% fixed on PFE with USDG in one swap, or LP it: your PFE gets split, the pPFE goes in the pool as a normal position, and the yPFE lands in your wallet to sell today or hold to Dec 2027. Same exposure as a PFE/USDG position, with the dividend leg as its own token. Opening this week.
Write-up on what a pToken pool unlocks for the chain and for us coming later today.
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