A mid-day check on the U.S. stock market shows most crypto-related stocks nursing losses, with tokenization firm Securitize (SECZ) leading the selling.

The firm’s shares fell more than 10% by midday, giving up most of the recent bounce fueled influential investment research firm Citrini’s report featuring the company as one of the biggest beneficiary of Wall Street bringing equities onto blockchain rails.

Elsewhere, digital custodian BitGo BTGO$7.0480 and institutional-focused exchange Bullish BLSH$31.43 both slipped about 3%. USDC issuer Circle CRCL$83.25, bitcoin holder Strategy MSTR$153.68 and ether treasury Bitmine BMNR$23.86 nursed modest declines. Coinbase COIN$179.19 held up with a 0.5% gain.

The weakness came as broader U.S. stocks struggled for direction. The S&P 500 was flat, while the tech-heavy Nasdaq 100 fell 0.5%.

Trading is taking place against a holiday backdrop, with the U.S. bond market and Canadian stock exchanges closed for the day. U.S. stock markets remain open.