Hawkeye Digital Will Tokenize Its Stock on Ethereum via Securitize

Hawkeye Digital (OTC: HWKE) has partnered with Securitize (NYSE: SECZ) to tokenize its common stock on Ethereum, with eligible shareholders able to hold and transfer shares on-chain beginning in 2027, the company announced Friday.

The arrangement is issuer-sponsored, meaning Hawkeye itself authorizes the tokenization of its own shares rather than a third party wrapping or synthesizing exposure to the stock. Ownership records will be maintained through Securitize's regulated infrastructure.

Unlike synthetic or wrapped stock tokens, the digital shares will represent the same HWKE common stock currently trading on OTC Markets, the company said. Existing dividend and voting rights stay intact.

How will the tokenized shares work?

Each tokenized holding gets recorded on Ethereum and reconciled against Hawkeye's official shareholder register. Transfers between eligible holders can settle in near real time, cutting out conventional settlement cycles — the clearest operational gain for participants.

Getting there takes several steps:

• Shareholders must first move holdings from brokerage accounts into direct registration with the company's transfer agent.
• They then convert shares through Securitize after completing identity verification and anti-money-laundering checks.
• Participation is optional, and the process is reversible.

Hawkeye's common stock keeps trading on OTC Markets under its existing ticker throughout.

What did the two companies say?

David Wachsman, president of Hawkeye, said the company expects tokenization to become standard infrastructure for publicly traded companies and wants to participate in its development. Wachsman is also founder and CEO of communications agency Wachsman, which is listed as the media contact for the announcement — a dual role worth noting for disclosure purposes.

Billy Miller, chief operating officer of Securitize, said issuer-sponsored tokenization is gaining momentum as more companies explore blockchain-based share ownership.

Securitize carries institutional weight here. A March agreement named it the New York Stock Exchange's first digital transfer agent, tasked with building infrastructure for issuer-sponsored tokenized securities. The platform reported roughly $5 billion in tokenized assets as of September 30 and works with major asset managers including BlackRock, Apollo and KKR.

Why does issuer consent matter?

The announcement lands amid an unresolved debate over how public companies' shares should be represented on blockchains. Fifty companies — including Nvidia, Microsoft and JPMorgan — have objected to having their shares tokenized through the proposed OKX and Intercontinental Exchange trading venue, as previously reported.

Hawkeye's model sidesteps that friction: the issuer itself authorizes the on-chain representation, so no third party is creating derivative exposure the company hasn't sanctioned. That distinction could matter as regulators and exchanges sort out who controls the share registry of record.

What are the risks?

Hawkeye's own release carries blunt caveats. The company says it has no relevant operating history in corporate advisory or the digital asset industry, and its growth plans remain subject to financing and regulatory risks.

That's a candid disclosure for a company positioning itself at the front of a tokenization trend it hasn't yet operated in. The 2027 timeline gives Hawkeye and Securitize room to build the transfer-agent and onboarding pipeline, but it also leaves a long window for regulatory conditions around tokenized equities to shift before the first share converts.