Hawkeye Plans Tokenized Shares With Securitize for 2027
Hawkeye Digital, a Miami Beach-based investment and advisory company, announced on November 6 that it plans to tokenize its common stock on Ethereum through a partnership with Securitize. Expected to become available in 2027, the program would allow eligible shareholders to hold the same HWKE shares traded on OTC Markets in digital form, with existing dividend and voting rights preserved.The…
Miami Beach-based investment firm Hawkeye Digital announced on November 6 that it will tokenize its common stock on Ethereum through a partnership with Securitize. The 2027 rollout will enable eligible shareholders to hold HWKE shares digitally, preserving existing dividend and voting rights. This marks the first issuer-sponsored tokenization for an OTC-traded company, linking blockchain-based holdings to the company's official shareholder register—a crucial connection for digital record accuracy.
Hawkeye emphasizes that tokenized holdings will mirror its official shareholder register, with each token representing common stock. Participation is optional, with no action required for those retaining existing brokerage holdings. Hawkeye's president, David Wachsman, sees tokenization as an extension of the company's focus on digital assets and emerging financial infrastructure. Chairman Martin Sumichrast highlighted shareholder choice and preserving existing rights.
The program diverges from Securitize's separate offering of tokenized security entitlements, which requires conversion to obtain shareholder status. Hawkeye's approach involves direct issuer participation and ties tokenized holdings to its shareholder register. Shareholders must transfer shares from a brokerage account to direct registration with the transfer agent, followed by identity verification and anti-money-laundering checks.
Eligible holders can then convert their shares into tokenized form via Securitize's platform, with the option to revert to book-entry form.
Conversions between eligible holders could settle onchain in near real time, keeping tokenized shares within Securitize's regulated environment while HWKE continues trading on OTC Markets. Ethereum does not grant unrestricted transferability to any wallet or investor. However, several details remain unresolved, including eligible jurisdictions, conversion fees, supported wallets, trading hours, and secondary-market liquidity arrangements. The cash settlement process for share purchases is also not explained.
These unresolved aspects will influence whether tokenized shares offer a more convenient or cost-effective experience for investors. Near-real-time transfer capability alone does not guarantee a 24-hour market or market maker commitment. For an OTC issuer, ensuring smooth operation alongside existing brokerage access and trading arrangements remains a key practical question.
Hawkeye plans to publish an eligibility and onboarding guide before the program's availability, providing shareholders with a clearer comparison of tokenized options versus current holdings.
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