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via finance.yahoo.comTech & AI

Walmart and Eli Lilly join the pushback against blockchain-based stock trading

FROM THE WIRE · FINANCE.YAHOO.COM

As tokenized stock trading continues to gain traction, so too does the list of companies that object to it. In the video above, Scott Melker outlines key details of the objections from Walmart (WMT), Eli Lilly (LLY), and others. Video Transcript 00:00 Speaker A Walmart, Eli Lily…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA growing number of large companies objecting to tokenized stocks could slow adoption of this trading model.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Walmart and Eli Lilly object to OKX's tokenized stock plans.
  2. 02The number of objecting companies has reached 38.
  3. 03A rival Canton venue is preparing to launch with issuer-sponsored stock.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Walmart Inc.WMTStock123.78 USD-0.38%today +2.09%Neutral Eli Lilly and CompanyLLYStock1,426.01 USD+0.25%today +3.81%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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