Wall Street can stop a tokenized share, but can it stop a stock perp?

Costco recently made news when it strongly objected to a blockchain version of its shares. And while the supermarket giant did raise a set of pretty valid concerns regarding the potential risks of tokenization, the problem was that traders can actually already buy a blockchain-based contract (i.e., token) that follows its stock price. The company is among 67 issuers in OKXICE's Nov. 5 objection notice , blocking third-party tokenized versions of their stock from the proposed venue backed by the New York Stock Exchange's owner. Meanwhile, Kalshi lists a Costco perpetual , which offers price exposure without giving its buyer any shares.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CryptoSlate.