Tokenized stocks silenced? Several companies strive to clarify the true intent of the CLARITY Act

【BlockBeats】The controversy over the Crypto Market Structure Act (CLARITY) continues to ferment. Recently, a leading exchange announced it would withdraw support for the bill, claiming it constitutes an “effective ban on tokenized stocks.” However, responses from multiple tokenization companies in the industry vary significantly.

Carlos Domingo, CEO of Securitize, straightforwardly stated: “The current draft does not at all stifle tokenized stocks.” His logic is clear—the core purpose of this bill is to clarify that tokenized stocks still fall under the category of securities and must adhere to existing regulatory frameworks. In his view, this is precisely the necessary foundation for blockchain technology to integrate into traditional financial markets.

Gabe Otte, CEO of Dinari, shares the same perspective. He directly rebutted the statement from a leading exchange: “We do not believe the CLARITY draft is a ban on tokenized stocks at all.”

Superstate, a company founded by Compound’s creator Robert Leshner, also joined the discussion. Its Chief Legal Counsel, Alexander Zozos, pointed out that the true value of this bill lies in clarifying the ambiguous areas of crypto assets with unclear regulatory jurisdiction. In contrast, tokenized stocks and bonds have long been within the explicit jurisdiction of the U.S. Securities and Exchange Commission (SEC)—that is not the issue.