Why Is McDonald's (MCD) Challenging Tokenized Trading Of Its Shares?

McDonald's (NYSE:MCD) and several large U.S. issuers have formally objected to tokenized trading of their shares on the OKX-ICE venue. The coalition is using recent SEC exemptive relief to argue that tokenized versions of their stocks should not trade without issuer consent. Corporate filings highlight concerns about investor protections and regulatory oversight when traditional equities are mirrored as tokens on digital platforms. The pushback against OKX-ICE tokenized stock trading fits...