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Olivia Vande Woude
@cryptoreine
tokenization @avalabs 🔺 || former @troweprice || @williamandmary || Opinions are my own & not the views of my employer || 🇺🇸
参加 January 2021
1.9K フォロー中    3.1K ファン
Despite the negativity around TSV objections, tokenization infra keeps moving. The same day’s news feed has DTCC bringing $30t in securities closer to blockchain with major banks; DBS reports that ~90% of large businesses are adopting tokenized cash. Tokenization is being built out regardless of how 1 venue’s roster turns out.
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okxice, a venue owned by ice and okx, plans to trade tokenized shares on okx's x layer blockchain. under an sec exemption, a company can block trading of its stock with a written objection. on october 27, seven more companies objected, including jpmorgan, coca-cola and dell, for 33 in total. this removes 30 of the 62 companies first proposed. fewer stocks means fewer sources of trading fees and okb gas use on x layer. the effect on volume is not measured.
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