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Crypto · October 20, 2026

Andrew Cuomo faces blowback as he plugs NYSE owner’s Chinese joint venture for crypto-based stock exchanges

2 sources →

Former New York Governor Andrew Cuomo is serving as a prominent advocate and co-chair for a joint venture between Intercontinental Exchange (ICE), the owner of the New York Stock Exchange, and the cryptocurrency exchange OKX. The venture focuses on developing tokenized stock exchanges, which integrate blockchain technology with traditional equity trading. Cuomo recently addressed concerns from stock issuers, characterizing their hesitation as a typical reaction to disruptive financial innovation.

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Hype check

How the hype check works

Confirmed · 1

Backed by filings, on-chain data, official statements or several independent publishers.

  • Andrew Cuomo co-chairs the ICE-OKX joint venture. (CoinDesk)

Claimed · 1

Said by a company, project or person; not yet independently confirmed.

  • Issuer objections are a 'natural response' to tokenized stock plans. (Andrew Cuomo)

Speculation · 0

Price talk, forecasts or unnamed sources, quoted as someone else's view.

  • None identified.

Reported by multiple outlets

  • Andrew Cuomo is a backer and co-chair of a joint venture between ICE and OKX.
  • The joint venture aims to develop tokenized stock exchanges.
  • Cuomo has acknowledged that stock issuers have expressed objections or hesitation toward the plans.

Reported by only some outlets

  • The New York Post identifies OKX as a Chinese joint venture.
  • Cuomo described issuer objections as a 'natural response' to the project.

About these outlets

CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.