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Search results for Oct. 4

Crypto

16 U.S.-listed companies including Goldman Sachs and Microsoft oppose tokenised versions of their shares

Tokenised stock trading is growing quickly in overseas markets, but major U.S.-listed companies are opposing the tokenisation of their shares, slowing moves into regulated U.S. markets. CNBC reported that companies including Goldman Sachs, Microsoft, Qualcomm, Caterpillar, McDonald\'s, Western Digital and Alphabet objected to tokenised versions trading on OKXICE, taking the total to 16 firms. Control over issuance and protection of shareholder rights have emerged as key issues.

Crypto

XRP exchange holdings rise to 11.81 billion near yearly high, raising further drop warning

Ripple\'s XRP has shown no clear direction after weeks of sharp volatility, with XRP holdings on major exchanges nearing the highest level in the past year. Data cited from CryptoQuant put total exchange-held XRP at 11.81 billion tokens as of Oct. 17. At the same time, Binance XRP open interest fell 15.8 percent from Oct. 4 to Oct. 17, suggesting reduced leverage exposure in derivatives.

AI & Enterprise

SpaceXAI changes X account to SpaceXSI

Elon Musk-led space company SpaceXAI has removed \'AI\' from its official social media account name for its AI division, changing the display name on X to \'SpaceX Super Intelligence\' and the handle to @SpaceXSI. Musk had hinted at the move earlier this month. The company has not issued a separate notice on the account, and its website still uses x.ai and retains \'SpaceXAI LLC\' in its copyright line.