Commissioner Peirce's Full Statement
In her latest statement, SEC Commissioner Hester M. Peirce offers a timely reminder: tokenized securities are still securities. While blockchain may enchant us with its speed, transparency, and efficiency, it doesn't magically change the legal realities that govern capital markets.
This is exactly why The Ohanae Way matters.
Tokenization with Accountability
Commissioner Peirce acknowledges the potential of tokenization to facilitate capital formation and unlock new forms of collateralization. But she also emphasizes that innovation must occur within the guardrails of the federal securities laws.
At Ohanae, we welcome this regulatory clarity.
We are not trying to evade securities regulation—we are reimagining how to embed compliance on-chain.
Our hybrid Automated Market Maker (AMM) model does not eliminate the broker-dealer or rewrite securities law. It enhances regulatory oversight by combining the transparency of blockchain with the structure of a FINRA-member custodial broker-dealer.
Custody with Control: A Key Differentiator
Unlike DeFi models that rely on non-custodial protocols or external wallets, Ohanae Securities retains exclusive control over user private keys—a foundational requirement for compliance with the SEC's Special Purpose Broker-Dealer (SPBD) framework.
Every tokenized security traded on Ohanae's platform is supervised, recorded, and settled through a system designed with the SEC's investor protection mission in mind.
Ohanae Coin (OUSD): A Transparent On-Chain Cash Representation
Another core innovation is Ohanae Coin (OUSD)—a 1:1 tokenized representation of cash deposits held in the Special Reserve Account, fully auditable and redeemable. This allows real-time settlement between tokenized securities and tokenized cash—while staying within the scope of Rule 15c3-3.
No magic. Just disciplined engineering and rule-bound innovation.
Integrated, Not Fragmented
Where many projects attempt to layer Web3 solutions on top of traditional infrastructure—creating friction and fragmentation—Ohanae is building a cohesive ecosystem: custody, trading, clearing, and transfer agency on a unified platform, with every action tied to a legal entity that is fully accountable.
This is not DeFi masquerading as compliance. This is regulated innovation done right.
Why It Matters Now
As traditional institutions explore tokenization—and regulators like Commissioner Peirce offer guidance—the industry needs leaders, not just builders.
The Ohanae Way is about more than tech. It's about responsibility.
We believe that the path to widespread adoption of tokenized securities must go through regulatory trust, investor protection, and operational transparency. That's exactly what we're delivering.
If you're in the tokenization space—or simply care about the future of capital markets—Commissioner Peirce's statement is a must-read. And if you're looking for a compliant, scalable, and elegant path forward…
Let's talk.
Disclaimer
Ohanae Securities LLC is a subsidiary of Ohanae, Inc. and a member of the Financial Industry Regulatory Authority and Securities Investor Protection Corporation (FINRA/SIPC). Additional information about Ohanae Securities LLC is available on BrokerCheck.
Ohanae Securities LLC is currently in discussions with FINRA regarding the potential expansion of its business lines, which may include custody and related services for crypto asset securities. Any statements regarding the capabilities or services of Ohanae Securities LLC are subject to regulatory approval, and there can be no assurance that such approvals will be obtained.
Ohanae Securities LLC intends to operate in a manner that addresses the unique characteristics of crypto asset securities, including maintaining robust policies and procedures for custody, safeguarding of private keys, and evaluation of distributed ledger technology. The firm’s approach is designed to support crypto asset securities that may not efficiently operate within the traditional National Market System (NMS). Subject to applicable regulatory approvals, Ohanae Securities LLC may expand its activities to include additional services that may be conducted in a dealer-principal capacity, with the objective of protecting investors and maintaining market integrity.