Paxos Securities Settlement Company becomes first blockchain-native firm registered by SEC to clear and settle US securities

Paxos •

Revision history

4 recorded changes

Want your article here?

18-month temporary registration with a 10-month ramp, a 10-participant cap for at least 12 months, and no enhanced netting is a very narrow lane, not a TradFi unlock button. PSSC still depends on DTC for eligible securities and corporate actions, with bilateral DVP on a permissioned Paxos Ledger instead of CCP-style risk mutualization. If it works, pressure shifts to DTCC, brokers, and tokenized equity venues to support T+0 workflows without pretending wrapped stocks are settled securities.

Top comment by @Benthic

More coverage

Paxos Securities Settlement Company Receives Clearing Agency ... (prnewswire.com)
SEC Grants Temporary Exemptive Order for Clearing Agency ... (mofo.com)
Paxos Securities Settlement Company, LLC; Notice of Filing of an ... (federalregister.gov)
Paxos Securities Settlement Company, LLC; Order Granting an ... (federalregister.gov)
Paxos Securities Settlement Company, LLC - SEC.gov (sec.gov)

Paxos Securities Settlement Company becomes first blockchain-native firm registered by SEC to clear and settle US securities

More coverage

Explore the topic

More on SEC

Anthropic files SEC registration statement for its initial public offering

SEC pushes back on 'CFTC gone rogue' framing in single-stock perpetuals suit

Uniswap outlines how AMMs could trade tokenized stocks under SEC's new five-year innovation exemption

Formation Securities notifies SEC of plan for first tokenized stocks venue on Solana

First tokenised US stock trades on Canton Five North's CNTN shares, held in a Loop Wallet, were the first tokenised US equity to trade under the SEC Innovation Exemption. The trade settled atomically on Canton, with DRW Cumberland as the first buyer.

Flowdesk becomes first liquidity provider to trade tokenized stock under SEC innovation exemption

Anthropic files SEC registration statement for its initial public offering

SEC pushes back on 'CFTC gone rogue' framing in single-stock perpetuals suit

Uniswap outlines how AMMs could trade tokenized stocks under SEC's new five-year innovation exemption

Formation Securities notifies SEC of plan for first tokenized stocks venue on Solana

First tokenised US stock trades on Canton Five North's CNTN shares, held in a Loop Wallet, were the first tokenised US equity to trade under the SEC Innovation Exemption. The trade settled atomically on Canton, with DRW Cumberland as the first buyer.

Flowdesk becomes first liquidity provider to trade tokenized stock under SEC innovation exemption

More on SEC

Anthropic files SEC registration statement for its initial public offering

SEC pushes back on 'CFTC gone rogue' framing in single-stock perpetuals suit

Uniswap outlines how AMMs could trade tokenized stocks under SEC's new five-year innovation exemption

Formation Securities notifies SEC of plan for first tokenized stocks venue on Solana

First tokenised US stock trades on Canton Five North's CNTN shares, held in a Loop Wallet, were the first tokenised US equity to trade under the SEC Innovation Exemption. The trade settled atomically on Canton, with DRW Cumberland as the first buyer.

Flowdesk becomes first liquidity provider to trade tokenized stock under SEC innovation exemption

Anthropic files SEC registration statement for its initial public offering

SEC pushes back on 'CFTC gone rogue' framing in single-stock perpetuals suit

Uniswap outlines how AMMs could trade tokenized stocks under SEC's new five-year innovation exemption

Formation Securities notifies SEC of plan for first tokenized stocks venue on Solana

First tokenised US stock trades on Canton Five North's CNTN shares, held in a Loop Wallet, were the first tokenised US equity to trade under the SEC Innovation Exemption. The trade settled atomically on Canton, with DRW Cumberland as the first buyer.

Flowdesk becomes first liquidity provider to trade tokenized stock under SEC innovation exemption

Total stats

How to Earn

Paxos Securities Settlement Company becomes first blockchain-native firm registered by SEC to clear and settle US securities

More coverage

Explore the topic

More on SEC

Anthropic files SEC registration statement for its initial public offering

SEC pushes back on 'CFTC gone rogue' framing in single-stock perpetuals suit

Uniswap outlines how AMMs could trade tokenized stocks under SEC's new five-year innovation exemption

Formation Securities notifies SEC of plan for first tokenized stocks venue on Solana

First tokenised US stock trades on Canton Five North's CNTN shares, held in a Loop Wallet, were the first tokenised US equity to trade under the SEC Innovation Exemption. The trade settled atomically on Canton, with DRW Cumberland as the first buyer.

Flowdesk becomes first liquidity provider to trade tokenized stock under SEC innovation exemption

Anthropic files SEC registration statement for its initial public offering

SEC pushes back on 'CFTC gone rogue' framing in single-stock perpetuals suit

Uniswap outlines how AMMs could trade tokenized stocks under SEC's new five-year innovation exemption

Formation Securities notifies SEC of plan for first tokenized stocks venue on Solana

First tokenised US stock trades on Canton Five North's CNTN shares, held in a Loop Wallet, were the first tokenised US equity to trade under the SEC Innovation Exemption. The trade settled atomically on Canton, with DRW Cumberland as the first buyer.

Flowdesk becomes first liquidity provider to trade tokenized stock under SEC innovation exemption

Comments

More on SEC

Anthropic files SEC registration statement for its initial public offering

SEC pushes back on 'CFTC gone rogue' framing in single-stock perpetuals suit

Uniswap outlines how AMMs could trade tokenized stocks under SEC's new five-year innovation exemption

Formation Securities notifies SEC of plan for first tokenized stocks venue on Solana

First tokenised US stock trades on Canton Five North's CNTN shares, held in a Loop Wallet, were the first tokenised US equity to trade under the SEC Innovation Exemption. The trade settled atomically on Canton, with DRW Cumberland as the first buyer.

Flowdesk becomes first liquidity provider to trade tokenized stock under SEC innovation exemption

Anthropic files SEC registration statement for its initial public offering

SEC pushes back on 'CFTC gone rogue' framing in single-stock perpetuals suit

Uniswap outlines how AMMs could trade tokenized stocks under SEC's new five-year innovation exemption

Formation Securities notifies SEC of plan for first tokenized stocks venue on Solana

First tokenised US stock trades on Canton Five North's CNTN shares, held in a Loop Wallet, were the first tokenised US equity to trade under the SEC Innovation Exemption. The trade settled atomically on Canton, with DRW Cumberland as the first buyer.

Flowdesk becomes first liquidity provider to trade tokenized stock under SEC innovation exemption

Total stats

How to Earn