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Solana co-founder Anatoly Yakovenko says public companies resisting stock tokenization should go private

Solana co-founder Anatoly Yakovenko criticized public U.S. companies that oppose the tokenization of their shares, arguing that publicly traded firms must permit investors to trade wherever they choose.

Graphic displaying a social media post by Anatoly Yakovenko (@toly) responding to a Watcher.Guru post about companies opposing stock tokenization, alongside corporate logos.
Image: @DegenerateNews

Solana co-founder Anatoly Yakovenko stated that publicly traded U.S. companies pushing back against tokenized stock trading ought to take themselves private. Responding on social media to reports regarding corporate opposition to tokenization initiatives, Yakovenko argued that public listing comes with an obligation to let the market choose its trading venues.[1][2][3][4]

"They should go private then. If they want to be publicly traded then they should allow the public to trade them at the venue of their choosing," Yakovenko posted on X under the handle @toly.[1]

Yakovenko's remark was prompted by a report from Watcher.Guru claiming that 33 major U.S. companies oppose having their shares tokenized on crypto exchange OKX and Intercontinental Exchange's (ICE) planned platform. An excerpt included in shared screenshots identified IBM among the opposing companies.[1][4]

Key facts

  • Solana co-founder Anatoly Yakovenko declared that U.S. companies opposing tokenized stock trading should go private.
  • Yakovenko posted on X that companies seeking to remain publicly traded should allow the public to trade them at the venue of their choosing.
  • The remarks responded to a Watcher.Guru report stating that 33 major U.S. firms oppose having their stocks tokenized on OKX and ICE's planned exchange.
  • IBM was listed in the post screenshot as one of the companies opposing stock tokenization on those platforms.

Sources · 3 sources

  1. DN

    DEGEN NEWS@DegenerateNewsPost on X ·

    NEW: SOLANA CO-FOUNDER @aeyakovenko DENOUNCES PUBLICLY TRADED US COMPANIES OPPOSING STOCK TOKENIZATION ON @okx AND @ICE_Markets’ PLANNED EXCHANGE, SAYING THEY "SHOULD GO PRIVATE THEN" https://t.co/EQRZLzXtRu

    Open source
  2. CB

    Crypto BriefingArticle ·

    Solana co-founder tells US firms opposing tokenized stock trading to go private The clash over tokenized stock trading highlights tensions between innovation and control, potentially reshaping public market dynamics. The post Solana co-founder tells US firms opposing tokenized stock trading to go private appeared first on Crypto Briefing .

    Open source
  3. WG

    Watcher.Guru@WatcherGuruPost on X ·

    JUST IN: Solana $SOL co-founder Anatoly Yakovenko says US companies opposing tokenized stock trading "should go private then."

    Open source
  4. DN

    DEGEN NEWS@DegenerateNewsPost on X ·

    NEW: SOLANA CO-FOUNDER @toly DENOUNCES PUBLICLY TRADED US COMPANIES OPPOSING STOCK TOKENIZATION ON @okx AND @ICE_Markets’ PLANNED EXCHANGE, SAYING THEY "SHOULD GO PRIVATE THEN" https://t.co/1gukxCehyo

    Open source