Solana co-founder warns firms opposing tokenized stocks to go private

The co-founder of Solana, Anatoly Yakovenko, contends that U.S. public corporations must evolve alongside digital assets. Those that refuse to allow their shares to be traded on-chain should withdraw from public markets entirely, he said. At the moment, tokenized stock trading is absolutely booming, but a growing list of household-name companies want absolutely nothing to do with it. Goldman Sachs, Microsoft, Qualcomm, Caterpillar, McDonald’s, Apple, Western Digital, and Alphabet are just some of the firms that have declined to have their equities tokenized on OKXICE, the joint venture between OKX and Intercontinental Exchange. More than 30 companies are against the stock trading on OKXICE About 33 major public companies are drawing a hard line against crypto-native stock trading.

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