OKX-ICE’s Andrew Cuomo calls issuer objections a ‘natural response’ to tokenized stock plans
The former NY governor, who co-chairs the joint venture between the crypto exchange and Intercontinental Exchange, said companies were expected to take a wait-and-see approach.
Make preferred on
Share this article
Summary
- OKX-ICE co-chair Andrew Cuomo called issuer objections to tokenized stock trading a “natural response,” saying companies were expected to take a wait-and-see approach.
- Sixteen companies, including Microsoft, Alphabet and Goldman Sachs, have objected to trading on the planned venue under the SEC’s experimental framework.
- Securitize and Vertalo executives said issuers need answers about pricing, investor protections, custody and shareholder rights as the new markets develop.
