Microsoft and Alphabet opt out of tokenized stocks in latest blow to ambitious plan from OKX and NYSE parent firm
Published . Updated .
Sixteen companies have opposed plans to trade tokenized versions of their shares on Andrew Cuomo–backed platform OKXICE.
Directly affected
Indirectly affected
- SPY SPDR S&P 500
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond
Long-term U.S. government bonds
- QQQ Invesco QQQ
Large technology stocks
- GLD SPDR Gold Shares
Gold can move with the broad market
Price reaction, T-5 to T+3
Microsoft and Alphabet opt out of tokenized stocks in latest blow to ambitious plan from OKX and NYSE parent firm Fortune
Source: Fortune
Congressional trades in the stocks in this story
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 21 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 23 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar sold Microsoft (MSFT), worth $1,001 - $15,000 on 24 Sep 2026. That is 27 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Michael Rulli sold Alphabet (GOOG), worth $50,001 - $100,000 on 16 Oct 2026. That is 5 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Cleo Fields bought Alphabet (GOOG), worth $1,001 - $15,000 on 14 Sep 2026. That is 37 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Scott Scott Franklin sold Alphabet (GOOG) (held by a spouse), worth $1,001 - $15,000 on 20 Aug 2026. That is 62 days before publication. Filed 17 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
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