Key Highlights: JPMorgan Chase formally objected to having its shares tokenized by an unaffiliated venue under a five-year U.S. Securities and Exchange Commission (SEC) exemption framework. Under the regulatory setup, platforms using automated market makers must provide companies 30 days to object before third-party stock tokenization goes live. While JPMorgan opted out of the current ...
Key Highlights: Canton Strategic Holdings (CNTN) has agreed to make its common stock available on the Canton Network’s trading venue TSV LLC, with trading slated to begin as early as Monday. The move could position TSV to execute the first stock trades under the Securities and Exchange Commission’s (SEC) new tokenization framework, outpacing the joint ...
Key Highlights Tokenized versions of Alphabet (GOOGL) dropped roughly 10% onchain across decentralized platforms following the close of regular equity market hours. Trading volume surged during the decline, with Uniswap’s GOOGL/$USDG pool seeing about $603,000 in volume and Raydium’s GOOGLx/USDC pool logging $374,000 in five-minute spans starting at 4 p.m. ET. Traditional after-hours and overnight ...
Key Highlights: Coinbase launched its first batch of tokenized equities—featuring Apple, NVIDIA, Meta, and Alphabet—for international users, with CEO Brian Armstrong envisioning that all asset classes will eventually transition on-chain. The SEC rolled out an “Innovation Exemption” regulatory sandbox for blockchain-based securities, though public firms like Wells Fargo and Arm Holdings have opted out of ...
Key Highlights Public companies face tight 30-day windows under the SEC framework to decide whether third parties can tokenize and trade their shares. Latham & Watkins warned that failing to object in time acts as an irrevocable consent, leaving firms unable to stop trading or withdraw approval later. Industry leaders note that a lack of ...
Key Highlights: OKXICE, supported by a major global exchange operator, previously revealed a 62-company initial roster to trade tokenized shares using Uniswap liquidity pools on OKX’s XLayer blockchain. Twenty-two corporate objections have been lodged, blocking trading on the platform, though some objecting companies were not part of the initial proposed roster. OKXICE Co-Chairman Andrew Cuomo ...
Key Highlights: Major U.S. corporations, including Microsoft, Alphabet, and Goldman Sachs, have filed formal objections to having their equity shares tokenized under a new SEC regulatory framework. Former New York Governor Andrew Cuomo, board member of OKX and co-chair of the OKXICE venture, defended the initiative, framing the pushback as an experimental phase in transitioning ...
Key Highlights: Three firms—Tokenized Stock Venue, Perpetuals.com, and OKX—have notified the U.S. Securities and Exchange Commission (SEC) of their intent to launch tokenized securities trading platforms. The notices follow the implementation of a new regulatory rule governing digital asset securities infrastructure. The filings mark a significant step toward bridging traditional capital markets and blockchain-based tokenized ...
Key Highlights: The SEC’s five-year “Innovation Exemption,” launched roughly a month ago, allows qualifying venues to test blockchain-based stock trading via automated market makers and liquidity pools, giving issuers input on whether their shares participate. Carlos Domingo, CEO of Securitize, called issuer concerns “entirely reasonable,” citing the need for education around pricing, investor protections, and ...
Key Highlights: Arcus, developed by dYdX Labs with Robinhood Crypto on Robinhood Chain, now allows users to back perpetual contracts directly with tokenized stocks, ETFs, and WETH rather than converting holdings to $USDG. Eligible collateral secures a cross-margin $USDG loan at an initial 50% loan-to-value (LTV) ratio and a 60% maintenance LTV, with account deposits ...
Key Highlights: Nasdaq expressed resistance to having its shares traded on venues that do not report to the consolidated tape or display real-time best prices, amid discussions surrounding OKXICE. OKXICE, co-chaired by former New York Gov. Andrew Cuomo, notified the SEC of plans to launch a tokenized stock trading platform covering 63 U.S.-listed companies under ...
Key Highlights: Aggressive off-hours selling of synthetic chip contracts originated on Binance before cascading across Hyperliquid and Trade XYZ within seconds. Trading firm Tread.fi’s chief executive, David Jeong, reported that the initial wave triggered millions in volume for synthetic contracts tracking SanDisk and Micron. Without underlying equity price feeds during the weekend closure, platform mechanisms ...