{
  "id": 15784046,
  "title": "OKX-ICE’s Andrew Cuomo calls issuer objections a ‘natural response’ to tokenized stock plans",
  "url": "https://urgent.news/2026/10/20/okx-ices-andrew-cuomo-calls-issuer-objections-a-natural-response-to",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-20T18:26:29.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/business/2026/10/20/okx-ice-s-andrew-cuomo-calls-issuer-objections-a-natural-response-to-tokenized-stock-plans"
  },
  "original_language": "en",
  "account": "Andrew Cuomo, co-chairman of the OKX-ICE joint venture, described companies' objections to tokenized stock trading on the planned OKXICE platform as a \"very natural response.\" Microsoft, Alphabet, Goldman Sachs, and seven other firms joined 16 companies that had already objected after the SEC's Innovation Exemption went into effect five months ago. Cuomo explained that the model allows companies to choose whether to opt in or out, as the framework is designed to give companies the right to determine their participation. He anticipated that many companies would wait to see how the market structure performs before joining. Carlos Domingo, CEO of Securitize, emphasized the importance of issuers' concerns in understanding how the new markets function, particularly in terms of pricing, investor protections, and shareholder rights. Dave Hendrick, CEO of Vertalo, noted that the objections demonstrate the SEC's framework is working as intended, as issuers are using the 30-day objection window to voice their concerns. However, Hendrick also highlighted the need for better infrastructure to connect traditional exchanges with tokenized securities venues, as the current system lacks the normalization and synchronization required for a thoughtful framework to be enforced.",
  "summary": "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.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}