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Would tokenized shares remove the need for VIEs and contractual custodians in the Cayman islands for Chinese ADRs?
by matthewaveryusa 1y ago
Would tokenized shares remove the need for VIEs and contractual custodians in the Cayman islands for Chinese ADRs?
- seanhunter 1y agoI 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.