OKXICE Stock Tokens Face Withdrawal by 10 Companies, Mike Cagney Indicates
2026-10-20 03:19:24
According to CoinMeta, Mike Cagney, co-founder of Figure, stated that 10 companies have chosen to withdraw from tokenizing their stocks on OKXICE, questioning the platform's attractiveness in the absence of leverage or stock lending options. In a post on X on October 19th, Cagney mentioned that as of last week, 10 companies had decided not to list their stocks as tokens on OKXICE. Cagney believes that American investors will receive better services in traditional national markets. His comments are coupled with statements opposing the product and criticisms of its financing options.
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Source:Cryptonews
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