By The Same Token: SEC Clarifies Tokenized Securities Taxonomy
The Situation: The SEC staff has now explicitly tightened the taxonomy around “tokenized securities,” clarifying that the market needs to stop using...
By The Same Token: SEC Issues Tokenized Securities Guidance
The Situation: The SEC staff last week issued a cross‑division statement clarifying that tokenized securities remain securities—and that moving the record of...
By The Same Token: WisdomTree Makes Crypto Core Business
The Situation: WisdomTree is no longer treating digital assets as an “innovation sleeve”: management is now explicitly calling crypto a core business and...
By The Same Token: $1.7B Crypto Exodus Signals Risk-Off Flows
The Situation: Weekly crypto fund flows flipped decisively risk-off: $1.7B of net outflows hit digital-asset products as BTC led withdrawals and high-beta...
By The Same Token: $1B One-Day ETF Outflows Rattle Institutions
The Situation: U.S.-listed spot bitcoin and ether ETFs saw nearly $1B of net outflows in a single day (Jan 30), a sharp reversal in the “institutions are...
By The Same Token: SEC Chair Urges Pension Funds Add Crypto
The Situation: The SEC chair is publicly telling pension funds “the time is right” to include crypto — a rhetorical pivot that matters more for governance...