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The Marked Chart Wire · Crypto
Tokenized Stocks
Intel, IBM, Oracle, and IonQ have joined a growing list of companies opting out of the OKX and ICE tokenized stock initiative. More than 40 percent of the originally proposed firms have requested to withdraw from the program.
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Tokenized Stocks
Intel, Oracle, IBM, and IonQ added their names to objections against the proposed OKX-ICE tokenized stock venue, raising the total number of companies opposing the project to 26.
Tokenized Stocks
Three major tech firms have filed objections against the OKX-ICE joint venture's blockchain stock trading proposal. The new notices raise the total count of corporate pushback to 26 as the project moves forward under SEC guidelines.
Tokenized Stocks
Analysts anticipate Robinhood will address the growing threat from tokenized stocks during its upcoming earnings call, a sector viewed as a key growth area for crypto.
Polymarket
The platform added new contracts for Bitcoin, Ethereum, Solana, and XRP that resolve every five minutes. This feature offers a faster timeframe than the 15-minute options currently provided by Kalshi and Coinbase.
Robinhood
Robinhood reported $1.42 billion in revenue but posted $0.51 per share, below the $0.55 estimate. Prediction market bets reached $173 million while crypto revenue increased slightly.
Polymarket
Polymarket has launched five-minute up or down betting markets for Bitcoin, Ethereum, Solana, and XRP on its US application.
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