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$ETH is illegal due to front running laws for tokenized securities.
Thats why there are no direct tokenized securities trading on eth.
Eth was never designed to tokenized real word asset, 11 years and nothing.
Good luck holding your Eth bag.
π¨BREAKING: SEC SAYS TOKENIZED ASSETS ARE SECURITIES FIRST, TECHNOLOGY SECOND
The SEC emphasized that tokenized securities remain fully subject to U.S. securities laws, making clear that moving assets onchain does not change registration, disclosure, or compliance requirements.
The agency also split the market in two:
1. Issuer-backed tokenized securities: where onchain transfers represent true ownership with full shareholder rights, and
2. Third-party issued tokens: which provides only synthetic economic exposure rather than direct ownership.