Build useful networks. Plan for responsible capital formation.
Proposed SEC rules. Reg Crypto is not an available offering exemption today.
Regulation Crypto Assets, or Reg Crypto, is an SEC proposal for certain investment contracts involving crypto assets. It could give qualifying projects a tailored way to raise capital and provide investor disclosures. Adoption, timing and final requirements remain uncertain.
What useful projects could look like
A distributed computing network could fund software that connects customers with available computing capacity.
A supply-chain network could build shared verification tools for participating businesses.
An energy network could improve how participants record and coordinate eligible services.
These are illustrative ideas, not Ohanae clients, approved offerings or investments.
The business should explain who uses the network, what problem it solves and why a token is needed. A token does not create customer demand or a viable business by itself.
Where Ohanae could help
If adopted in a suitable form, Reg Crypto could connect qualifying projects to Ohanae’s securities infrastructure for capital formation, ownership records where appointed, custody and legally permitted secondary activity. Crypto exchanges could collaborate on project development, introductions and liquidity relationships while retaining their own customer relationships.
International projects and future transitions
The proposed Startup Exemption could include qualifying foreign issuers. Eligibility differs across the proposed routes; foreign projects should not assume access to every fundraising tier. Any later change in an asset’s securities treatment would require satisfaction of the applicable legal conditions. Filing a transition report alone would not settle that question.
What to do now
Develop a real use case, financial plan, governance and clear disclosures. Discuss existing lawful offering routes where suitable while following the proposal. Do not solicit or accept investments in reliance on rules that have not taken effect.
SEC Regulation Crypto Assets proposalExplore a responsible path forward.
Important Information
Ohanae Securities LLC is a FINRA-member carrying, self-clearing broker-dealer operating within its approved scope. Ohanae, Inc. is an SEC-registered transfer agent and provides transfer-agent services where properly appointed or otherwise legally authorized. Ohanae is not a registered national securities exchange. References to NYSE and Nasdaq express ambition and do not imply equivalent status, affiliation or endorsement.
This information describes Ohanae’s business focus and planned services. Reg Crypto remains proposed, and the planned TSV has not launched. Existing authorization does not itself approve every planned activity. Availability depends on applicable law, issuer and investor eligibility, required authorizations, transfer restrictions and operational readiness. Registration or authorization is not regulatory endorsement. Investments involve risk, including loss of principal, and liquidity is not guaranteed. Custody and customer-protection arrangements do not eliminate investment or operational risk. This page is not an offer to sell or a solicitation to buy securities; any specific offering is governed by its applicable documents.