United StatesWalmart and Eli Lilly joined 36 others objecting to tokenized shares.
Objecting costs nothing, while silence lets trading begin with no way to withdraw consent.
Under US regulators’ innovation exemption, venues must give issuers 30 days to object before trading unaffiliated tokenized shares.
JPMorgan Chase also objected but said it will keep evaluating future participation.
Canton Strategic Holdings says its issuer-sponsored tokens could trade as soon as Monday, skipping the objection process.
How each outlet framed it
- CoinDesk
- tallies objections at 38 of the 62 original roster companies and ties them to the SEC's innovation exemption and its automated market makers
Sources: CoinDesk