Comment on Cryptocurrency exchanges begin offering tokenized securitiesparentComments−matthewaveryusa1yWould tokenized shares remove the need for VIEs and contractual custodians in the Cayman islands for Chinese ADRs?−seanhunter1yI don’t actually know but my guess is that this wouldn’t change the actual legal requirement but it may make it possible for people to buy the exposure while legally not being qualified to own the underlying security.
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Would tokenized shares remove the need for VIEs and contractual custodians in the Cayman islands for Chinese ADRs?
I don’t actually know but my guess is that this wouldn’t change the actual legal requirement but it may make it possible for people to buy the exposure while legally not being qualified to own the underlying security.