CoreWeave, Broadcom reject tokenized shares on OKXICE venue

CoreWeave (NASDAQ: CRWV) and Broadcom (NASDAQ: AVGO) have told OKXICE that they do not want tokenized versions of their stock to be traded on its new venue. The venue is operating under the SEC’s exemption rule that lets it treat 30 days of silence from companies as a yes to having their stock tokenized. Will tokenized versions of Broadcom and CoreWeave be sold on OKXICE? Both CoreWeave and Broadcom have refused to have tokenized versions of their stock trading on OKXICE’s new venue. The AI chipmaker Cerebras Systems (NASDAQ: CBRS) has also kept its tokens off OKXICE. Stock tokens already circulating on other platforms are untouched. The new venue operates under the SEC’s “ Innovation Exemption ,” an order the agency issued and put into effect on September 17.

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