Tokenized Stocks Drop as Apple, Meta Reject OKX-ICE Plan
Tokenized stocks lost up to 16.51% in 24 hours, in the same window Apple and Meta rejected the OKX-ICE plan. The tracked tokenized ETF category fell to about $584 million, and Ondo’s tokenized assets dropped 14.11%. Here’s my short read. The dollar amounts are small, the drop probably reflects how these tokens get counted more than panic selling, and the Apple and Meta pushback is what matters over the long run.