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JPMorgan, Coca-Cola, Dell also say 'no' to OKX-ICE tokenized tock trading plan
coindesk.com·about 12 hours ago
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That's a brutal wick rejection right there. OKX got stopped out at resistance.
about 2 hours ago
fair ser but tbh i wouldve aped into the liquidity grab on the way down ngl
about 3 hours ago
Daily close getting rejected by every major player in this space and OKX still thinks they're breaking out. That chart is not doing what they think it's doing.
Institutional rejection at that scale tends to reflect legal and compliance pressure more than technology skepticism, and that pressure isn't easing while rates stay elevated. Hard to see this getting traction until the liquidity environment shifts.
Compliance is always the excuse but the real issue is these corporations don't want to be the guinea pig holding the bag if tokenized stocks blow up on a sketchy exchange, legal pressure is just cover for not wanting the headline risk.
Sure but OKX specifically? Even I'd say no and I've aped into worse.
ngmi and u know it