Tokenization company refutes an exchange's claims about the impact of crypto legislation on tokenized stocks

PANews, January 16 — According to a report by an exchange, several companies in the tokenization sector have voiced opposition to comments made by the CEO of a certain exchange, who claimed that the US crypto market structure bill would "effectively ban" tokenized stocks.

After the exchange withdrew its support, leading the Senate Banking Committee to postpone its review, Securitize CEO Carlos Domingo stated that the current draft does not kill tokenized stocks, but rather clarifies that they are still considered securities and must comply with existing regulations. He emphasized that this is a key step in integrating blockchain into traditional markets. Gabe Otte, co-founder of Dinari, also said that the bill does not ban tokenized stocks, but reiterates that they should fall under the existing securities law framework. Alexander Zozos, General Counsel at Superstate, pointed out that the real value of the bill lies in clarifying the regulatory jurisdiction over crypto assets with ambiguous characteristics, while for tokenized stocks or bonds, the US Securities and Exchange Commission is already advancing relevant regulation. Will Beeson, CEO of Uniform Labs, believes that even if the legislative process is delayed, the trend of developing regulated, highly liquid tokenized assets will continue.