GS · News · 20261020N

Tokenized Securities Pilot

GOLDMAN SACHS GROUP INC · 2026-10-20 · Importance 31 · Surprise 42

Goldman Sachs was reported among issuers objecting to tokenized stock trading plans, reflecting caution toward an emerging distribution and market-infrastructure model. The concerns cited include pricing, investor protections, custody, and shareholder rights. Industry participants characterized the market as early-stage and said issuer participation should remain opt-in or opt-out while infrastructure and investor education develop.

Key facts

• OKX-ICE's Andrew Cuomo said that objections from companies like Goldman Sachs to tokenized stock trading are a 'natural response' and that companies prefer a 'wait-and-see' approach. source