NYSE tokenization partners warn synthetic stock tokens could mislead retail traders

Offshore synthetic tokens may not represent the underlying equity, use company names without approval, and exploit regulatory arbitrage.

Executives from Intercontinental Exchange (ICE), OKX and Securitize warned that synthetic tokenized stocks are creating market and retail risks, as ICE moves ahead with a regulated platform for tokenized U.S. equities.

Michael Blaugrund, who works on strategic…