The Ohanae Story

Our Pitch

Tokenized Securities. Made Simple.

The regulated on-chain market infrastructure for tokenized securities.

 

Defining the Next Market Structure

Ohanae, Inc. is building the regulated market infrastructure where tokenized securities will trade — outside the National Market System (NMS).

This is not a tokenization platform.
This is the market itself.

As capital markets transition on-chain, value will not accrue to those who tokenize assets — it will accrue to those who control liquidity, settlement, and market structure. Ohanae is purpose-built to operate that layer.

Rather than retrofitting blockchain into legacy exchange and clearing systems, Ohanae is designed from first principles for securities that cannot efficiently operate within Reg NMS — delivering native ownership, dealer-principal liquidity, and a market architecture designed to support real-time atomic settlement.

 

A New Class of Market Infrastructure

The platform is operated by wholly owned subsidiary Ohanae Securities LLC, a FINRA-approved broker-dealer authorized to custody crypto asset securities.

The platform is designed to function as an integrated market infrastructure, supporting:

  • Primary issuance across S-1, Reg A, Reg D, and investment contract assets (ICAs) 
  • Secondary trading via dealer-principal execution 
  • Custody of crypto asset securities and private keys
  • Settlement through a native payment rail (OUSD)
  • Transfer agency supported by an SEC-registered affiliate, with on-chain ownership records integrated into the system of record

 

Liquidity, Not Listings, Defines the Market

Ohanae operates in a dealer-principal capacity, providing continuous 24x7 liquidity through a Hybrid AMM combined with passive institutional liquidity providers.

The platform is designed to operate without reliance on:

  • Traditional exchanges
  • Clearing intermediaries 
  • T+1 settlement cycles 

Settlement is designed to be real-time and cash-only, powered by Ohanae Coin (OUSD) — a tokenized representation of U.S. dollar deposits held in a Special Reserve Account under SEC Rule 15c3-3.

This eliminates counterparty risk, margin dependency, and settlement friction — enabling a fundamentally different market structure.

 

The Structural Shift

Two models are now emerging in tokenized securities:

1. Legacy Extension
Tokenization within Reg NMS — constrained by exchange-centric models, intermediated clearing, and limited innovation

2. Clean-Slate Markets
Purpose-built infrastructure for non-NMS securities — enabling native ownership, continuous liquidity, and atomic settlement

Ohanae is not competing within the first model.
It is defining and operating the second.

 

Regulatory Positioning

Ohanae Securities LLC is a FINRA-approved broker-dealer authorized for the custody of crypto asset securities, forming the foundation for an integrated, cash-only, on-chain market infrastructure for tokenized securities, supported by a digital transfer agent operated by its SEC-registered affiliate, Ohanae, Inc..

The initial focus is on non-NMS securities, where regulatory clarity and structural advantages are strongest. Expansion into NMS-linked assets may follow as regulatory frameworks evolve.

 

Why It Matters

The next phase of capital markets will not be defined by who brings assets on-chain —
but by who operates the market where they trade.

Ohanae is building that market.
NYSE. Nasdaq. Now, Ohanae.