Uniswap founder Hayden said in a post on X that the U.S. Securities and Exchange Commission's crypto asset FAQ released that day makes two points clear. First, token buybacks do not cause commodity tokens to be treated as securities. Second, liquid staking tokens tied to commodity tokens are also not securities. His comments were framed as a response to the SEC's same-day guidance in its frequently asked questions on crypto assets. The statement focused on how the agency described buybacks and liquid staking tokens in relation to securities status, without adding details beyond what Hayden cited from the FAQ.
Uniswap founder Hayden said in a post on X that the U.S. Securities and Exchange Commission released a crypto asset FAQ that day clarifying that token buybacks do not make commodity tokens securities.
He also said liquid staking tokens for commodity tokens are not securities.
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