Wall Street tokenization rivalry intensifies amid OKX, ICE plans

Competition and tensions around the real-world asset tokenization market on Wall Street are intensifying, Eleanor Terrett, host of the podcast ‘Crypto in America,’ said on X.

Terrett said some companies are pushing back against tokenization business plans by crypto exchange OKX and Intercontinental Exchange, the parent of the New York Stock Exchange, while suspicions have also emerged that Nasdaq has been applying behind-the-scenes pressure. Interest is also growing in the regulatory and policy environment for the tokenization market ahead of the U.S. midterm elections.

Source: Coinness