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via finance.yahoo.comTech & AI

Crypto push into stock trading gains pace despite backlash from listed companies

FROM THE WIRE · FINANCE.YAHOO.COM

(Bloomberg) -- Crypto's race to grab a slice of the US stock market is picking up speed even as many of the companies whose shares are being targeted for tokenized trading are pushing back. Most Read from Bloomberg Nvidia Scandal Creates Risk for Entire AI Industry, Not Just CEO…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralTokenized stock trading could affect equity trading flows, though price effects remain uncertain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01OKXICE, a joint venture of OKX and ICE, plans to launch on November 23.
  2. 02More than 70 digital assets tied to stocks and ETFs will be listed.
  3. 03Some companies, including McDonald's, are pushing back.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.