Several tokenization companies refuted Coinbase's opposition to the Clarity Act.

According to Mars Finance, Coinbase previously withdrew its support for the Crypto Markets Structure Act (CLARITY Act), calling it a "de facto ban" on tokenized stocks. However, tokenization companies argue that the act recognizes regulated digital securities, rather than banning them. Securitize CEO Carlos Domingo stated, "The current draft does not kill tokenized stocks." He believes the draft merely clarifies that tokenized stocks remain securities and must comply with existing rules, a crucial step in integrating blockchain into traditional markets. Dinari CEO Gabe Otte disagreed with Coinbase's position, saying, "We do not consider the CLARITY draft to be a 'de facto ban' on tokenized stocks." Superstate, an asset management and tokenization company led by Compound founder Robert Leshner, expressed a similar view. Its general counsel, Alexander Zozos, stated that the true value of the act lies in helping to address the gray area of crypto assets (those that are not explicitly classified as securities), rather than regulating tokenized stocks or bonds, which fall under the jurisdiction of the U.S. Securities and Exchange Commission (SEC).