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OKXICE’s Andrew Cuomo calls issuer objections expected as 16 companies reject tokenized stocks

OKXICE’s Andrew Cuomo calls issuer objections expected as 16 companies reject tokenized stocks

Photo: Crypto Briefing

Cuomo envisions a pioneering future despite current resistance from major companies on tokenized stock integration. Andrew Cuomo, co-chair of OKXICE and former New York governor, said objections from major US companies to the venture’s proposed tokenized stock trading platform were an expected response to a new market structure, as the number of opposing issuers reached 16. “This is a very natural response,” Cuomo said during a Tuesday press call . He added that the model was designed to allow companies to decide whether to participate.

Source: Crypto Briefing

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