🚨 More U.S. companies are opposing the trading of tokenized versions of their stocks on cryptocurrency exchanges. The latest example is the rise to 50 of companies against tokenization on OKXICE TSV, a joint venture between OKX and ICE, the parent company of NYSE. Recent additions include Nvidia, Micron, Nike, Costco, and Reddit. Initially, OKXICE planned to offer trading for 62 companies, but now 50 issuers have objected. According to SEC rules, U.S. issuers can file written objections within 30 days of notification to prohibit trading of tokenized versions of their stocks.

CHINA PUTS CRYPTO ON ITS ANTI-CORRUPTION HIT LIST ...

⚠️🇺🇸 Update on AI: The capital expenditures of major US tech companies in AI are rising at record rates, consuming free cash flow at an unprecedented pace. In the third quarter, only Microsoft among the major AI tech giants reported a positive cash flow.