NYSE partners warn against 'synthetic stock tokens' or misleading retail investors, promoting regulated US stock token platforms According to CoinDesk, executives from ICE, OKX, and Securitize stated at the Consensus Miami conference that some offshore "synthetic stock tokens" are not authorized by the issuer and do not represent real equity, but use the names of listed companies and exploit regulatory arbitrage, which may lead to multiple price differences in different markets during stock splits and other corporate activities, increasing retail investor risk. ICE, the parent company of NYSE, is promoting a regulated tokenization platform for the US stock market. In the first phase, it will adopt pre paid tokens and stablecoin trading, as well as leverage free and self custodial functions, to facilitate regulatory agencies and institutional investors in evaluating the structure. OKX stated that it will not launch synthetic stock tokens until compliant and issuer endorsed tokenized securities are available.