Robinhood Backs Tokenized Stock Trading on OKX-ICE Platform Amid Corporate Pullback

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Robinhood says it prefers to actively help build tokenized markets rather than stay on the sidelines. Its stance comes as many companies have opted out of a joint venture between Intercontinental Exchange and OKX. The venture aims to offer tokenized versions of stocks. Early corporate pushback has been notable, with most firms declining to take part. Robinhood's decision positions it as a supporter of the initiative despite the reluctance of its peers.

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