Over one-third of OKXICE’s tokenized share targets opt out

Homepage > News > Business > Over one-third of OKXICE’s tokenized share targets opt out TL;DR: U.S. regulators are making more room for crypto firms, but the industry is still running into resistance at almost every turn. Companies whose shares could be tokenized are backing away, while market groups argue that the SEC’s rules on which blockchain networks qualify are too vague. Meanwhile, crypto firms continue to push into regulated finance with a planned perpetuals product and a new trust bank charter, even as competitors challenge their moves in court. Key Takeaways: SEC lists tokenization among its fiscal 2027 exam priorities, yet 22 of the 63 companies OKXICE targeted for tokenized trading have already opted out. Solana’s policy group, Hedera and SIFMA all say the SEC’s undefined wording leaves firms unsure which networks qualify for tokenized securities trading. Payward intends to be the first CFTC-regulated deployer on Hyperliquid’s HIP-3* markets, though the CME is challenging the CFTC’s legal basis for approving such perpetuals. The national trust charter lets Ripple custody roughly $2.6 billion in RLUSD reserves itself, but it has drawn a lawsuit from community ba...