Without clear benefits, Wall Street giants have no interest in helping compliant on-chain trading get off the ground.
According to BlockTempo, tokenization platform OKXICE has hit a wall. Of the first 62 candidate U.S. stocks, 52 (about 84%) formally submitted objections before the deadline, and all of the Magnificent Seven—including Apple and Nvidia—withdrew. The SEC pilot limits liquidity to 0.25% of average daily volume, while companies would also have to bear the costs of quote delays and ledger integration.
This directly dims the prospects for Uniswap v4 fee revenue from institutional users. OKXICE had originally planned to use Uniswap v4 permissioned pools as its trading engine, but the absence of major companies makes it difficult for UNI to benefit from spot liquidity in the near term.
Next, watch for developments on SIFMA’s request for the SEC to abolish default consent. If the system shifts to affirmative consent before year-end, compliant on-chain trading of U.S. stocks could be delayed until 2027, with offshore derivatives continuing to dominate the market in the short term.
This is solely my personal analysis. Please do your own research before investing (DYOR).
$UNI
According to BlockTempo, tokenization platform OKXICE has hit a wall. Of the first 62 candidate U.S. stocks, 52 (about 84%) formally submitted objections before the deadline, and all of the Magnificent Seven—including Apple and Nvidia—withdrew. The SEC pilot limits liquidity to 0.25% of average daily volume, while companies would also have to bear the costs of quote delays and ledger integration.
This directly dims the prospects for Uniswap v4 fee revenue from institutional users. OKXICE had originally planned to use Uniswap v4 permissioned pools as its trading engine, but the absence of major companies makes it difficult for UNI to benefit from spot liquidity in the near term.
Next, watch for developments on SIFMA’s request for the SEC to abolish default consent. If the system shifts to affirmative consent before year-end, compliant on-chain trading of U.S. stocks could be delayed until 2027, with offshore derivatives continuing to dominate the market in the short term.
This is solely my personal analysis. Please do your own research before investing (DYOR).
$UNI