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 member of FINRA/SIPC. Additional information about Ohanae Securities LLC can be found on BrokerCheck. Ohanae Securities LLC is in discussions with FINRA about exploring the expansion of business lines for the broker/dealer. Any statements regarding abilities of Ohanae Securities LLC are subject to FINRA approval and there are no guarantees FINRA will approve the broker/dealer's expansion.
Ohanae Securities is seeking approval to be a special purpose broker-dealer that is performing the full set of broker-dealer functions with respect to crypto asset securities – including maintaining custody of these assets – in a manner that addresses the unique attributes of digital asset securities and minimizes risk to investors and other market participants. If approved, Ohanae Securities will limit its business to crypto asset securities to isolate risk and having policies and procedures to, among other things, assess a given crypto asset security's distributed ledger technology and protect the private keys necessary to transfer the crypto asset security.