Blockchain has never been about making trading better, and now this is playing out IRT. Blockchain has always been about making settlement better.
50 companies have now opted out of the OKXICE venue. But that's missing the more substantive issue here. Why would you trade on OKXICE? Your execution is worse (by definition, the AMM can't be a LOB), it's unclear you have margining ability and you don't have a stock loan market. Ironically, ICE's NYSE is a better venue. With everyone opting out, is it even a sandbox anymore?View quoted post on X
We're going to have to do more than this SEC sandbox to get stocks on public blockchains. Native equity on chain, issued by the company, available for borrow and loan in DeFi. That is the way.
