Solana co-founder tells US firms opposing tokenized stock trading to go private

Anatoly Yakovenko pushed back as more than 30 companies, including Goldman Sachs and Microsoft, objected to on-chain versions of their shares Solana co-founder Anatoly Yakovenko has a blunt message for US public companies that don’t want their shares traded on-chain. If they object to tokenized stock trading, he says, they should go private. The remark, made on October 28, 2026, lands in the middle of a growing standoff. On one side, tokenized equity trading volume is climbing fast. On the other, a lengthening list of well-known corporations wants nothing to do with it. A five-year experiment with an opt-out clause The fight traces back to September 17, 2026. That’s when the SEC granted an innovation exemption that opened the door to on-chain trading of US equities. The exemption sets up a temporary, five-year trial framework for tokenized stock venues. Under the rules, venues must notify stock issuers before listing tokenized versions of their shares. Issuers then get a 30-day objection period to raise concerns. Plenty of them have used it. More than 30 companies have formally objected to the trading of tokenized versions of their shares as of late October 2026. The objectors aren...