Local USVI News

Governor Bryan Seeks to Establish USVI as Caribbean Financial Hub for Publicly Traded Companies in Meetings with NYSE Executives

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Government House announced that Governor Albert Bryan is heading a U.S. Virgin Islands (USVI) delegation comprising public and private sector representatives to meet with senior executives from the New York Stock Exchange (NYSE) and other stakeholders on Friday. They will discuss collaborative opportunities between the USVI and representatives of the public and private business sectors in New York.

The St. Croix Economic Development Initiative (SEDI) has organized a USVI-New York Summit, where New York City Mayor Eric Adams, members of his administration, and other high-level officials will host Governor Bryan. The Governor will also participate in a Memorandum of Understanding signing with the Brooklyn Chamber of Commerce and the Greater New York Chamber of Commerce for increased cooperation and engagement of business exchanges between New York and the USVI.

Governor Bryan stated, “This visit opens up opportunities to explore developing economic partnerships to create new markets and position the U.S. Virgin Islands as the new financial center hub in the Caribbean region for publicly traded companies.”

SEDI, a St. Croix-based nonprofit organization, focuses on business, economic development, and capital markets formation and structures. During the USVI delegation’s New York visit, SEDI will introduce and launch its Caribbean Americas Single Economy (CASE) regional project initiative.

John Tuttle, NYSE Vice Chairman and President of the NYSE Institute, said, “These discussions highlight the great opportunities that can be created by leveraging public- and private-sector collaboration and our U.S. capital markets.”

The SEDI-CASE New York Summit aims to establish the territory as a gateway to help companies throughout the Americas and the Caribbean go public and gain better access to U.S. capital markets.

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