diff --git a/check.py b/check.py
index e91dfda85f5..368e31883b6 100755
--- a/check.py
+++ b/check.py
@@ -240,10 +240,7 @@ def check_expected(actual, expected):
         # some wast files cannot be split:
         #     * comments.wast: contains characters that are not valid utf-8,
         #       so our string splitting code fails there
-
-        # FIXME Remove reference type tests from this list after nullref is
-        # implemented in V8
-        if base not in ['comments.wast', 'ref_null.wast', 'ref_is_null.wast', 'ref_func.wast', 'old_select.wast']:
+        if base not in ['comments.wast', 'old_select.wast']:
             split_num = 0
             actual = ''
             for module, asserts in support.split_wast(wast):
diff --git a/scripts/gen-s-parser.py b/scripts/gen-s-parser.py
index 2d22c2cbdf8..f105e640783 100755
--- a/scripts/gen-s-parser.py
+++ b/scripts/gen-s-parser.py
@@ -50,7 +50,6 @@
     ("v128.pop",       "makePop(Type::v128)"),
     ("funcref.pop",    "makePop(Type::funcref)"),
     ("externref.pop",  "makePop(Type::externref)"),
-    ("nullref.pop",    "makePop(Type::nullref)"),
     ("exnref.pop",     "makePop(Type::exnref)"),
     ("i32.load",       "makeLoad(s, Type::i32, /*isAtomic=*/false)"),
     ("i64.load",       "makeLoad(s, Type::i64, /*isAtomic=*/false)"),
diff --git a/scripts/test/wasm_opt.py b/scripts/test/wasm_opt.py
index 2c7d49eb7ef..41ca4d43980 100644
--- a/scripts/test/wasm_opt.py
+++ b/scripts/test/wasm_opt.py
@@ -113,10 +113,8 @@ def check():
 
         shared.fail_if_not_identical_to_file(actual, f)
 
-        # FIXME Remove this condition after nullref is implemented in V8
-        if 'reference-types.wast' not in t:
-            shared.binary_format_check(t, wasm_as_args=['-g'])  # test with debuginfo
-            shared.binary_format_check(t, wasm_as_args=[], binary_suffix='.fromBinary.noDebugInfo')  # test without debuginfo
+        shared.binary_format_check(t, wasm_as_args=['-g'])  # test with debuginfo
+        shared.binary_format_check(t, wasm_as_args=[], binary_suffix='.fromBinary.noDebugInfo')  # test without debuginfo
 
         shared.minify_check(t)
 
diff --git a/src/asmjs/asm_v_wasm.cpp b/src/asmjs/asm_v_wasm.cpp
index 4a79d9caf48..ddcb27d3dc9 100644
--- a/src/asmjs/asm_v_wasm.cpp
+++ b/src/asmjs/asm_v_wasm.cpp
@@ -56,7 +56,6 @@ AsmType wasmToAsmType(Type type) {
       assert(false && "v128 not implemented yet");
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
       assert(false && "reference types are not supported by asm2wasm");
     case Type::none:
@@ -84,8 +83,6 @@ char getSig(Type type) {
       return 'F';
     case Type::externref:
       return 'X';
-    case Type::nullref:
-      return 'N';
     case Type::exnref:
       return 'E';
     case Type::none:
diff --git a/src/binaryen-c.cpp b/src/binaryen-c.cpp
index db9258d59be..8d8fd64b64c 100644
--- a/src/binaryen-c.cpp
+++ b/src/binaryen-c.cpp
@@ -71,8 +71,6 @@ BinaryenLiteral toBinaryenLiteral(Literal x) {
     case Type::funcref:
       ret.func = x.getFunc().c_str();
       break;
-    case Type::nullref:
-      break;
     case Type::externref:
     case Type::exnref:
     case Type::none:
@@ -96,8 +94,6 @@ Literal fromBinaryenLiteral(BinaryenLiteral x) {
       return Literal(x.v128);
     case Type::funcref:
       return Literal::makeFuncref(x.func);
-    case Type::nullref:
-      return Literal::makeNullref();
     case Type::externref:
     case Type::exnref:
     case Type::none:
@@ -133,7 +129,6 @@ BinaryenType BinaryenTypeFloat64(void) { return Type::f64; }
 BinaryenType BinaryenTypeVec128(void) { return Type::v128; }
 BinaryenType BinaryenTypeFuncref(void) { return Type::funcref; }
 BinaryenType BinaryenTypeExternref(void) { return Type::externref; }
-BinaryenType BinaryenTypeNullref(void) { return Type::nullref; }
 BinaryenType BinaryenTypeExnref(void) { return Type::exnref; }
 BinaryenType BinaryenTypeUnreachable(void) { return Type::unreachable; }
 BinaryenType BinaryenTypeAuto(void) { return uintptr_t(-1); }
@@ -1264,8 +1259,10 @@ BinaryenExpressionRef BinaryenPop(BinaryenModuleRef module, BinaryenType type) {
     Builder(*(Module*)module).makePop(Type(type)));
 }
 
-BinaryenExpressionRef BinaryenRefNull(BinaryenModuleRef module) {
-  return static_cast<Expression*>(Builder(*(Module*)module).makeRefNull());
+BinaryenExpressionRef BinaryenRefNull(BinaryenModuleRef module,
+                                      BinaryenType type) {
+  return static_cast<Expression*>(
+    Builder(*(Module*)module).makeRefNull(Type(type)));
 }
 
 BinaryenExpressionRef BinaryenRefIsNull(BinaryenModuleRef module,
diff --git a/src/binaryen-c.h b/src/binaryen-c.h
index 6239befd23a..a8aa7249699 100644
--- a/src/binaryen-c.h
+++ b/src/binaryen-c.h
@@ -100,7 +100,6 @@ BINARYEN_API BinaryenType BinaryenTypeFloat64(void);
 BINARYEN_API BinaryenType BinaryenTypeVec128(void);
 BINARYEN_API BinaryenType BinaryenTypeFuncref(void);
 BINARYEN_API BinaryenType BinaryenTypeExternref(void);
-BINARYEN_API BinaryenType BinaryenTypeNullref(void);
 BINARYEN_API BinaryenType BinaryenTypeExnref(void);
 BINARYEN_API BinaryenType BinaryenTypeUnreachable(void);
 // Not a real type. Used as the last parameter to BinaryenBlock to let
@@ -826,7 +825,8 @@ BinaryenMemoryFill(BinaryenModuleRef module,
                    BinaryenExpressionRef dest,
                    BinaryenExpressionRef value,
                    BinaryenExpressionRef size);
-BINARYEN_API BinaryenExpressionRef BinaryenRefNull(BinaryenModuleRef module);
+BINARYEN_API BinaryenExpressionRef BinaryenRefNull(BinaryenModuleRef module,
+                                                   BinaryenType type);
 BINARYEN_API BinaryenExpressionRef
 BinaryenRefIsNull(BinaryenModuleRef module, BinaryenExpressionRef value);
 BINARYEN_API BinaryenExpressionRef BinaryenRefFunc(BinaryenModuleRef module,
diff --git a/src/gen-s-parser.inc b/src/gen-s-parser.inc
index 5e6beb4ac66..97ba15c32a3 100644
--- a/src/gen-s-parser.inc
+++ b/src/gen-s-parser.inc
@@ -2560,17 +2560,9 @@ switch (op[0]) {
       default: goto parse_error;
     }
   }
-  case 'n': {
-    switch (op[1]) {
-      case 'o':
-        if (strcmp(op, "nop") == 0) { return makeNop(); }
-        goto parse_error;
-      case 'u':
-        if (strcmp(op, "nullref.pop") == 0) { return makePop(Type::nullref); }
-        goto parse_error;
-      default: goto parse_error;
-    }
-  }
+  case 'n':
+    if (strcmp(op, "nop") == 0) { return makeNop(); }
+    goto parse_error;
   case 'r': {
     switch (op[2]) {
       case 'f': {
diff --git a/src/ir/ExpressionManipulator.cpp b/src/ir/ExpressionManipulator.cpp
index 57048b9bd49..6f64ec77b9c 100644
--- a/src/ir/ExpressionManipulator.cpp
+++ b/src/ir/ExpressionManipulator.cpp
@@ -227,7 +227,9 @@ flexibleCopy(Expression* original, Module& wasm, CustomCopier custom) {
         builder.makeHost(curr->op, curr->nameOperand, std::move(operands));
       return ret;
     }
-    Expression* visitRefNull(RefNull* curr) { return builder.makeRefNull(); }
+    Expression* visitRefNull(RefNull* curr) {
+      return builder.makeRefNull(curr->type);
+    }
     Expression* visitRefIsNull(RefIsNull* curr) {
       return builder.makeRefIsNull(copy(curr->value));
     }
diff --git a/src/ir/abstract.h b/src/ir/abstract.h
index f706e9972d9..b00537bf59f 100644
--- a/src/ir/abstract.h
+++ b/src/ir/abstract.h
@@ -103,7 +103,6 @@ inline UnaryOp getUnary(Type type, Op op) {
     }
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable: {
@@ -268,7 +267,6 @@ inline BinaryOp getBinary(Type type, Op op) {
     }
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable: {
diff --git a/src/ir/properties.h b/src/ir/properties.h
index 0c6824e4a1e..61190e01259 100644
--- a/src/ir/properties.h
+++ b/src/ir/properties.h
@@ -94,7 +94,7 @@ inline Literal getSingleLiteral(const Expression* curr) {
   if (auto* c = curr->dynCast<Const>()) {
     return c->value;
   } else if (curr->is<RefNull>()) {
-    return Literal(Type::nullref);
+    return Literal::makeNull(curr->type);
   } else if (auto* c = curr->dynCast<RefFunc>()) {
     return Literal(c->func);
   } else {
diff --git a/src/js/binaryen.js-post.js b/src/js/binaryen.js-post.js
index 057252f78f5..a3d65da5cdf 100644
--- a/src/js/binaryen.js-post.js
+++ b/src/js/binaryen.js-post.js
@@ -35,7 +35,6 @@ function initializeConstants() {
     ['v128', 'Vec128'],
     ['funcref', 'Funcref'],
     ['externref', 'Externref'],
-    ['nullref', 'Nullref'],
     ['exnref', 'Exnref'],
     ['unreachable', 'Unreachable'],
     ['auto', 'Auto']
@@ -2058,12 +2057,6 @@ function wrapModule(module, self = {}) {
     }
   };
 
-  self['nullref'] = {
-    'pop'() {
-      return Module['_BinaryenPop'](module, Module['nullref']);
-    }
-  };
-
   self['exnref'] = {
     'pop'() {
       return Module['_BinaryenPop'](module, Module['exnref']);
@@ -2071,8 +2064,8 @@ function wrapModule(module, self = {}) {
   };
 
   self['ref'] = {
-    'null'() {
-      return Module['_BinaryenRefNull'](module);
+    'null'(type) {
+      return Module['_BinaryenRefNull'](module, type);
     },
     'is_null'(value) {
       return Module['_BinaryenRefIsNull'](module, value);
diff --git a/src/literal.h b/src/literal.h
index 5c72bf96ccc..923970035a0 100644
--- a/src/literal.h
+++ b/src/literal.h
@@ -39,7 +39,7 @@ class Literal {
     int32_t i32;
     int64_t i64;
     uint8_t v128[16];
-    Name func; // function name for funcref
+    std::unique_ptr<Name> func; // function name for funcref
     std::unique_ptr<ExceptionPackage> exn;
   };
 
@@ -66,12 +66,15 @@ class Literal {
   explicit Literal(const std::array<Literal, 8>&);
   explicit Literal(const std::array<Literal, 4>&);
   explicit Literal(const std::array<Literal, 2>&);
-  explicit Literal(Name func) : func(func), type(Type::funcref) {}
+  explicit Literal(Name func) : func(new Name(func)), type(Type::funcref) {}
   explicit Literal(std::unique_ptr<ExceptionPackage> exn)
     : exn(std::move(exn)), type(Type::exnref) {}
   Literal(const Literal& other);
   Literal& operator=(const Literal& other);
   ~Literal() {
+    if (type == Type::funcref) {
+      func.~unique_ptr();
+    }
     if (type == Type::exnref) {
       exn.~unique_ptr();
     }
@@ -79,6 +82,9 @@ class Literal {
 
   bool isConcrete() const { return type != Type::none; }
   bool isNone() const { return type == Type::none; }
+  bool isNull() const {
+    return (type == Type::funcref && !func) || (type == Type::exnref && !exn);
+  }
 
   static Literal makeFromInt32(int32_t x, Type type) {
     switch (type.getBasic()) {
@@ -103,7 +109,11 @@ class Literal {
   static Literals makeZero(Type type);
   static Literal makeSingleZero(Type type);
 
-  static Literal makeNullref() { return Literal(Type(Type::nullref)); }
+  static Literal makeNull(Type type) {
+    assert(type == Type::funcref || type == Type::exnref);
+    // This creates a literal with null pointer for its func / exn
+    return Literal(type);
+  }
   static Literal makeFuncref(Name func) { return Literal(func.c_str()); }
   static Literal makeExnref(std::unique_ptr<ExceptionPackage> exn) {
     return Literal(std::move(exn));
@@ -132,11 +142,11 @@ class Literal {
   }
   std::array<uint8_t, 16> getv128() const;
   Name getFunc() const {
-    assert(type == Type::funcref);
-    return func;
+    assert(type == Type::funcref && func);
+    return *func.get();
   }
   const ExceptionPackage& getExceptionPackage() const {
-    assert(type == Type::exnref);
+    assert(type == Type::exnref && exn);
     return *exn.get();
   }
 
@@ -503,6 +513,9 @@ class Literals : public SmallVector<Literal, 1> {
 struct ExceptionPackage {
   Name event;
   Literals values;
+  bool operator==(const ExceptionPackage& other) const {
+    return event == other.event && values == other.values;
+  }
 };
 
 std::ostream& operator<<(std::ostream& o, wasm::Literal literal);
@@ -555,7 +568,6 @@ template<> struct less<wasm::Literal> {
         return memcmp(a.getv128Ptr(), b.getv128Ptr(), 16) < 0;
       case wasm::Type::funcref:
       case wasm::Type::externref:
-      case wasm::Type::nullref:
       case wasm::Type::exnref:
       case wasm::Type::none:
       case wasm::Type::unreachable:
diff --git a/src/parsing.h b/src/parsing.h
index a3eab1af3cd..663b901fdce 100644
--- a/src/parsing.h
+++ b/src/parsing.h
@@ -265,7 +265,6 @@ parseConst(cashew::IString s, Type type, MixedArena& allocator) {
     case Type::v128:
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
       WASM_UNREACHABLE("unexpected const type");
     case Type::none:
diff --git a/src/passes/ConstHoisting.cpp b/src/passes/ConstHoisting.cpp
index 3cef0773c8e..e3583d3bbfd 100644
--- a/src/passes/ConstHoisting.cpp
+++ b/src/passes/ConstHoisting.cpp
@@ -96,7 +96,6 @@ struct ConstHoisting : public WalkerPass<PostWalker<ConstHoisting>> {
       case Type::v128:
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref: {
         return false;
       }
diff --git a/src/passes/Flatten.cpp b/src/passes/Flatten.cpp
index 54da8a86e41..b1e88c9eb2e 100644
--- a/src/passes/Flatten.cpp
+++ b/src/passes/Flatten.cpp
@@ -210,20 +210,20 @@ struct Flatten
             // out. The local we created using 'getTempForBreakTarget' returns
             // the return type of the block this branch is targetting, which may
             // not be the same with the innermost block's return type. For
-            // example,
-            // (block $any (result externref)
-            //   (block (result nullref)
+            // example, when 'subtype' is a subtype of 'supertype',
+            // (block $super (result supertype)
+            //   (block (result subtype)
             //     (local.tee $0
-            //       (br_if $any
-            //         (ref.null)
+            //       (br_if $super
+            //         (produce_subtype_value) ;; pseudo instruction
             //         (i32.const 0)
             //       )
             //     )
             //   )
             // )
-            // In this case we need two locals to store (ref.null); one with
-            // externref type that's for the target block ($label0) and one more
-            // with nullref type in case for flowing out. Here we create the
+            // In this case we need two locals to store (produce_subtype_value);
+            // one with supertype that's for the target block ($super) and one
+            // more with subtype in case for flowing out. Here we create the
             // second 'flowing out' local in case two block's types are
             // different.
             if (type != blockType) {
diff --git a/src/passes/FuncCastEmulation.cpp b/src/passes/FuncCastEmulation.cpp
index 13fb8998851..160895f23be 100644
--- a/src/passes/FuncCastEmulation.cpp
+++ b/src/passes/FuncCastEmulation.cpp
@@ -67,7 +67,6 @@ static Expression* toABI(Expression* value, Module* module) {
     }
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref: {
       WASM_UNREACHABLE("reference types cannot be converted to i64");
     }
@@ -111,7 +110,6 @@ static Expression* fromABI(Expression* value, Type type, Module* module) {
     }
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref: {
       WASM_UNREACHABLE("reference types cannot be converted from i64");
     }
diff --git a/src/passes/InstrumentLocals.cpp b/src/passes/InstrumentLocals.cpp
index f95d169e96c..ee288c103b2 100644
--- a/src/passes/InstrumentLocals.cpp
+++ b/src/passes/InstrumentLocals.cpp
@@ -58,7 +58,6 @@ Name get_f32("get_f32");
 Name get_f64("get_f64");
 Name get_funcref("get_funcref");
 Name get_externref("get_externref");
-Name get_nullref("get_nullref");
 Name get_exnref("get_exnref");
 Name get_v128("get_v128");
 
@@ -68,7 +67,6 @@ Name set_f32("set_f32");
 Name set_f64("set_f64");
 Name set_funcref("set_funcref");
 Name set_externref("set_externref");
-Name set_nullref("set_nullref");
 Name set_exnref("set_exnref");
 Name set_v128("set_v128");
 
@@ -98,9 +96,6 @@ struct InstrumentLocals : public WalkerPass<PostWalker<InstrumentLocals>> {
       case Type::externref:
         import = get_externref;
         break;
-      case Type::nullref:
-        import = get_nullref;
-        break;
       case Type::exnref:
         import = get_exnref;
         break;
@@ -147,9 +142,6 @@ struct InstrumentLocals : public WalkerPass<PostWalker<InstrumentLocals>> {
       case Type::externref:
         import = set_externref;
         break;
-      case Type::nullref:
-        import = set_nullref;
-        break;
       case Type::exnref:
         import = set_exnref;
         break;
@@ -192,14 +184,6 @@ struct InstrumentLocals : public WalkerPass<PostWalker<InstrumentLocals>> {
                 set_externref,
                 {Type::i32, Type::i32, Type::externref},
                 Type::externref);
-      addImport(curr,
-                get_nullref,
-                {Type::i32, Type::i32, Type::nullref},
-                Type::nullref);
-      addImport(curr,
-                set_nullref,
-                {Type::i32, Type::i32, Type::nullref},
-                Type::nullref);
     }
     if (curr->features.hasExceptionHandling()) {
       addImport(
diff --git a/src/passes/Precompute.cpp b/src/passes/Precompute.cpp
index 695b62ab200..55cad8d2115 100644
--- a/src/passes/Precompute.cpp
+++ b/src/passes/Precompute.cpp
@@ -134,9 +134,13 @@ struct Precompute
             curr->finalize();
             return;
           }
-        } else if (singleValue.type == Type::nullref &&
-                   curr->value->template is<RefNull>()) {
-          return;
+        } else if (singleValue.isNull()) {
+          if (auto *n = curr->value->template dynCast<RefNull>()) {
+            n->type = singleValue.type;
+            n->finalize();
+            curr->finalize();
+            return;
+          }
         } else if (singleValue.type == Type::funcref) {
           if (auto* r = curr->value->template dynCast<RefFunc>()) {
             r->func = singleValue.getFunc();
diff --git a/src/passes/Print.cpp b/src/passes/Print.cpp
index f35f0d6261d..3533f1193b9 100644
--- a/src/passes/Print.cpp
+++ b/src/passes/Print.cpp
@@ -1957,6 +1957,19 @@ struct PrintSExpression : public OverriddenVisitor<PrintSExpression> {
   void visitRefNull(RefNull* curr) {
     o << '(';
     PrintExpressionContents(currFunction, o).visit(curr);
+    switch (curr->type.getBasic()) {
+      case Type::externref:
+        o << " extern";
+        break;
+      case Type::funcref:
+        o << " func";
+        break;
+      case Type::exnref:
+        o << " exn";
+        break;
+      default:
+        WASM_UNREACHABLE("ref.null's argument should be a reference type");
+    }
     o << ')';
   }
   void visitRefIsNull(RefIsNull* curr) {
diff --git a/src/shell-interface.h b/src/shell-interface.h
index a32ae6344fb..e41ceb47da9 100644
--- a/src/shell-interface.h
+++ b/src/shell-interface.h
@@ -117,9 +117,9 @@ struct ShellExternalInterface : ModuleInstance::ExternalInterface {
             assert(false && "v128 not implemented yet");
           case Type::funcref:
           case Type::externref:
-          case Type::nullref:
           case Type::exnref:
-            globals[import->name] = {Literal::makeNullref()};
+            globals[import->name] = {
+              Literal::makeNull(import->type.getBasic())};
             break;
           case Type::none:
           case Type::unreachable:
diff --git a/src/tools/fuzzing.h b/src/tools/fuzzing.h
index b3c1212d4c9..456ee9c5338 100644
--- a/src/tools/fuzzing.h
+++ b/src/tools/fuzzing.h
@@ -313,24 +313,9 @@ class TranslateToFuzzReader {
       }
       return Type(types);
     }
-    SmallVector<Type, 2> options;
-    options.push_back(type); // includes itself
-    TODO_SINGLE_COMPOUND(type);
-    switch (type.getBasic()) {
-      case Type::externref:
-        if (wasm.features.hasExceptionHandling()) {
-          options.push_back(Type::exnref);
-        }
-        options.push_back(Type::funcref);
-        // falls through
-      case Type::funcref:
-      case Type::exnref:
-        options.push_back(Type::nullref);
-        break;
-      default:
-        break;
-    }
-    return pick(options);
+    // Currently reference types proposal doesn't have any subtype relationship,
+    // so return itself. This can change later when we add more subtypes.
+    return type;
   }
 
   void setupMemory() {
@@ -1362,7 +1347,6 @@ class TranslateToFuzzReader {
       }
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref:
       case Type::none:
       case Type::unreachable:
@@ -1466,7 +1450,6 @@ class TranslateToFuzzReader {
       }
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref:
       case Type::none:
       case Type::unreachable:
@@ -1595,7 +1578,6 @@ class TranslateToFuzzReader {
           case Type::v128:
           case Type::funcref:
           case Type::externref:
-          case Type::nullref:
           case Type::exnref:
           case Type::none:
           case Type::unreachable:
@@ -1640,7 +1622,6 @@ class TranslateToFuzzReader {
           case Type::v128:
           case Type::funcref:
           case Type::externref:
-          case Type::nullref:
           case Type::exnref:
           case Type::none:
           case Type::unreachable:
@@ -1708,7 +1689,6 @@ class TranslateToFuzzReader {
           case Type::v128:
           case Type::funcref:
           case Type::externref:
-          case Type::nullref:
           case Type::exnref:
           case Type::none:
           case Type::unreachable:
@@ -1735,7 +1715,6 @@ class TranslateToFuzzReader {
           case Type::v128:
           case Type::funcref:
           case Type::externref:
-          case Type::nullref:
           case Type::exnref:
           case Type::none:
           case Type::unreachable:
@@ -1763,7 +1742,7 @@ class TranslateToFuzzReader {
         }
         return builder.makeRefFunc(target->name);
       }
-      return builder.makeRefNull();
+      return builder.makeRefNull(type);
     }
     if (type.isTuple()) {
       std::vector<Expression*> operands;
@@ -1845,7 +1824,6 @@ class TranslateToFuzzReader {
           }
           case Type::funcref:
           case Type::externref:
-          case Type::nullref:
           case Type::exnref:
             return makeTrivial(type);
           case Type::none:
@@ -1990,7 +1968,6 @@ class TranslateToFuzzReader {
       }
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref:
       case Type::none:
       case Type::unreachable:
@@ -2227,7 +2204,6 @@ class TranslateToFuzzReader {
       }
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref:
       case Type::none:
       case Type::unreachable:
@@ -2434,7 +2410,6 @@ class TranslateToFuzzReader {
       case Type::v128:
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref:
       case Type::none:
       case Type::unreachable:
@@ -2612,10 +2587,9 @@ class TranslateToFuzzReader {
     assert(wasm.features.hasReferenceTypes());
     Type refType;
     if (wasm.features.hasExceptionHandling()) {
-      refType =
-        pick(Type::funcref, Type::externref, Type::nullref, Type::exnref);
+      refType = pick(Type::funcref, Type::externref, Type::exnref);
     } else {
-      refType = pick(Type::funcref, Type::externref, Type::nullref);
+      refType = pick(Type::funcref, Type::externref);
     }
     return builder.makeRefIsNull(make(refType));
   }
@@ -2682,8 +2656,7 @@ class TranslateToFuzzReader {
         .add(FeatureSet::SIMD, Type::v128)
         .add(FeatureSet::ReferenceTypes,
              Type::funcref,
-             Type::externref,
-             Type::nullref)
+             Type::externref)
         .add(FeatureSet::ReferenceTypes | FeatureSet::ExceptionHandling,
              Type::exnref));
   }
@@ -2732,7 +2705,6 @@ class TranslateToFuzzReader {
       FeatureOptions<Type>()
         .add(FeatureSet::MVP, Type::i32, Type::i64, Type::f32, Type::f64)
         .add(FeatureSet::SIMD, Type::v128)
-        .add(FeatureSet::ReferenceTypes, Type::nullref)
         .add(FeatureSet::ReferenceTypes | FeatureSet::ExceptionHandling,
              Type::exnref));
   }
diff --git a/src/tools/spec-wrapper.h b/src/tools/spec-wrapper.h
index 44f92b56d33..c073a994cc8 100644
--- a/src/tools/spec-wrapper.h
+++ b/src/tools/spec-wrapper.h
@@ -50,10 +50,13 @@ static std::string generateSpecWrapper(Module& wasm) {
           ret += "(v128.const i32x4 0 0 0 0)";
           break;
         case Type::funcref:
+          ret += "(ref.null func)";
+          break;
         case Type::externref:
-        case Type::nullref:
+          ret += "(ref.null extern)";
+          break;
         case Type::exnref:
-          ret += "(ref.null)";
+          ret += "(ref.null exn)";
           break;
         case Type::none:
         case Type::unreachable:
diff --git a/src/tools/wasm-reduce.cpp b/src/tools/wasm-reduce.cpp
index 9c9978b6354..38d89bd5aef 100644
--- a/src/tools/wasm-reduce.cpp
+++ b/src/tools/wasm-reduce.cpp
@@ -597,7 +597,6 @@ struct Reducer
               case Type::v128:
               case Type::funcref:
               case Type::externref:
-              case Type::nullref:
               case Type::exnref:
                 continue; // not implemented yet
               case Type::none:
@@ -623,7 +622,6 @@ struct Reducer
               case Type::v128:
               case Type::funcref:
               case Type::externref:
-              case Type::nullref:
               case Type::exnref:
                 continue; // not implemented yet
               case Type::none:
@@ -649,7 +647,6 @@ struct Reducer
               case Type::v128:
               case Type::funcref:
               case Type::externref:
-              case Type::nullref:
               case Type::exnref:
                 continue; // not implemented yet
               case Type::none:
@@ -675,7 +672,6 @@ struct Reducer
               case Type::v128:
               case Type::funcref:
               case Type::externref:
-              case Type::nullref:
               case Type::exnref:
                 continue; // not implemented yet
               case Type::none:
@@ -687,7 +683,6 @@ struct Reducer
           case Type::v128:
           case Type::funcref:
           case Type::externref:
-          case Type::nullref:
           case Type::exnref:
             continue; // not implemented yet
           case Type::none:
@@ -1016,7 +1011,7 @@ struct Reducer
     }
     // try to replace with a trivial value
     if (curr->type.isRef()) {
-      RefNull* n = builder->makeRefNull();
+      RefNull* n = builder->makeRefNull(curr->type);
       return tryToReplaceCurrent(n);
     }
     if (curr->type.isTuple()) {
diff --git a/src/wasm-binary.h b/src/wasm-binary.h
index ab9ee515250..c7a401cba9e 100644
--- a/src/wasm-binary.h
+++ b/src/wasm-binary.h
@@ -347,8 +347,6 @@ enum EncodedType {
   funcref = -0x10, // 0x70
   // opaque host reference type
   externref = -0x11, // 0x6f
-  // null reference type
-  nullref = -0x12, // 0x6e
   // exception reference type
   exnref = -0x18, // 0x68
   // func_type form
@@ -968,9 +966,6 @@ inline S32LEB binaryType(Type type) {
     case Type::externref:
       ret = BinaryConsts::EncodedType::externref;
       break;
-    case Type::nullref:
-      ret = BinaryConsts::EncodedType::nullref;
-      break;
     case Type::exnref:
       ret = BinaryConsts::EncodedType::exnref;
       break;
diff --git a/src/wasm-builder.h b/src/wasm-builder.h
index 4e94da090f5..ff98d6a4499 100644
--- a/src/wasm-builder.h
+++ b/src/wasm-builder.h
@@ -528,8 +528,10 @@ class Builder {
     ret->finalize();
     return ret;
   }
-  RefNull* makeRefNull() {
+  RefNull* makeRefNull(Type type) {
+    assert(type.isRef());
     auto* ret = allocator.alloc<RefNull>();
+    ret->type = type;
     ret->finalize();
     return ret;
   }
@@ -624,13 +626,11 @@ class Builder {
   Expression* makeConstantExpression(Literal value) {
     TODO_SINGLE_COMPOUND(value.type);
     switch (value.type.getBasic()) {
-      case Type::nullref:
-        return makeRefNull();
       case Type::funcref:
         if (value.getFunc()[0] != 0) {
           return makeRefFunc(value.getFunc());
         }
-        return makeRefNull();
+        return makeRefNull(Type::funcref);
       default:
         assert(value.type.isNumber());
         return makeConst(value);
@@ -822,7 +822,6 @@ class Builder {
       }
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref:
         return ExpressionManipulator::refNull(curr);
       case Type::none:
diff --git a/src/wasm-interpreter.h b/src/wasm-interpreter.h
index baeda061290..6021eeb2f7b 100644
--- a/src/wasm-interpreter.h
+++ b/src/wasm-interpreter.h
@@ -1242,7 +1242,7 @@ class ExpressionRunner : public OverriddenVisitor<SubType, Flow> {
   Flow visitPop(Pop* curr) { WASM_UNREACHABLE("unimp"); }
   Flow visitRefNull(RefNull* curr) {
     NOTE_ENTER("RefNull");
-    return Literal::makeNullref();
+    return Literal::makeNull(curr->type);
   }
   Flow visitRefIsNull(RefIsNull* curr) {
     NOTE_ENTER("RefIsNull");
@@ -1252,7 +1252,7 @@ class ExpressionRunner : public OverriddenVisitor<SubType, Flow> {
     }
     Literal value = flow.getSingleValue();
     NOTE_EVAL1(value);
-    return Literal(value.type == Type::nullref);
+    return Literal(value.isNull());
   }
   Flow visitRefFunc(RefFunc* curr) {
     NOTE_ENTER("RefFunc");
@@ -1282,7 +1282,7 @@ class ExpressionRunner : public OverriddenVisitor<SubType, Flow> {
     if (flow.breaking()) {
       return flow;
     }
-    if (flow.getType() == Type::nullref) {
+    if (flow.getSingleValue().isNull()) {
       trap("rethrow: argument is null");
     }
     throwException(flow.getSingleValue());
@@ -1294,7 +1294,7 @@ class ExpressionRunner : public OverriddenVisitor<SubType, Flow> {
     if (flow.breaking()) {
       return flow;
     }
-    if (flow.getType() == Type::nullref) {
+    if (flow.getSingleValue().isNull()) {
       trap("br_on_exn: argument is null");
     }
     const ExceptionPackage& ex = flow.getSingleValue().getExceptionPackage();
@@ -1644,7 +1644,6 @@ template<typename GlobalManager, typename SubType> class ModuleInstanceBase {
           return Literal(load128(addr).data());
         case Type::funcref:
         case Type::externref:
-        case Type::nullref:
         case Type::exnref:
         case Type::none:
         case Type::unreachable:
@@ -1701,7 +1700,6 @@ template<typename GlobalManager, typename SubType> class ModuleInstanceBase {
           break;
         case Type::funcref:
         case Type::externref:
-        case Type::nullref:
         case Type::exnref:
         case Type::none:
         case Type::unreachable:
diff --git a/src/wasm-type.h b/src/wasm-type.h
index 8a9e58ec975..8c68da7a7fd 100644
--- a/src/wasm-type.h
+++ b/src/wasm-type.h
@@ -49,7 +49,6 @@ class Type {
     v128,
     funcref,
     externref,
-    nullref,
     exnref,
     _last_basic_id = exnref
   };
@@ -93,7 +92,6 @@ class Type {
   // │ anyref      ║ x │   │ x │ x │ f? n  │ │ ┐
   // │ eqref       ║ x │   │ x │ x │    n  │ │ │ TODO (GC)
   // │ i31ref      ║ x │   │ x │ x │       │ │ ┘
-  // │ nullref     ║ x │   │ x │ x │ f? n  │ │ ◄ TODO (removed)
   // │ exnref      ║ x │   │ x │ x │    n  │ │
   // ├─ Compound ──╫───┼───┼───┼───┤───────┤ │
   // │ Ref         ║   │ x │ x │ x │ f? n? │◄┘
diff --git a/src/wasm.h b/src/wasm.h
index 3d658d3670e..cf17d4cf8ae 100644
--- a/src/wasm.h
+++ b/src/wasm.h
@@ -1090,11 +1090,9 @@ class Pop : public SpecificExpression<Expression::PopId> {
 };
 
 class RefNull : public SpecificExpression<Expression::RefNullId> {
-public:
+public :
   RefNull() = default;
   RefNull(MixedArena& allocator) {}
-
-  void finalize();
 };
 
 class RefIsNull : public SpecificExpression<Expression::RefIsNullId> {
diff --git a/src/wasm/literal.cpp b/src/wasm/literal.cpp
index ffb007cf3a2..00592cec48f 100644
--- a/src/wasm/literal.cpp
+++ b/src/wasm/literal.cpp
@@ -51,13 +51,12 @@ Literal& Literal::operator=(const Literal& other) {
       memcpy(&v128, other.v128, 16);
       break;
     case Type::funcref:
-      func = other.func;
+      new (&func) auto(std::make_unique<Name>(*other.func));
       break;
     case Type::exnref:
       new (&exn) auto(std::make_unique<ExceptionPackage>(*other.exn));
       break;
     case Type::none:
-    case Type::nullref:
       break;
     case Type::externref:
     case Type::unreachable:
@@ -111,7 +110,7 @@ Literals Literal::makeZero(Type type) {
 Literal Literal::makeSingleZero(Type type) {
   assert(type.isSingle());
   if (type.isRef()) {
-    return makeNullref();
+    return makeNull(type);
   } else {
     return makeFromInt32(0, type);
   }
@@ -190,8 +189,6 @@ void Literal::getBits(uint8_t (&buf)[16]) const {
       memcpy(buf, &v128, sizeof(v128));
       break;
     case Type::funcref:
-    case Type::nullref:
-      break;
     case Type::externref:
     case Type::exnref:
     case Type::none:
@@ -201,22 +198,22 @@ void Literal::getBits(uint8_t (&buf)[16]) const {
 }
 
 bool Literal::operator==(const Literal& other) const {
-  if (type.isRef() && other.type.isRef()) {
-    if (type == Type::nullref && other.type == Type::nullref) {
-      return true;
-    }
-    if (type == Type::funcref && other.type == Type::funcref &&
-        func == other.func) {
-      return true;
-    }
-    return false;
-  }
   if (type != other.type) {
     return false;
   }
   if (type == Type::none) {
     return true;
   }
+  if (type.isRef() && other.type.isRef()) {
+    if (type == Type::funcref && other.type == Type::funcref) {
+      return (isNull() && other.isNull() )|| (getFunc() == other.getFunc());
+    }
+    if (type == Type::exnref && other.type == Type::exnref) {
+      return (isNull() && other.isNull()) ||
+             (getExceptionPackage() == other.getExceptionPackage());
+    }
+    return false;
+  }
   uint8_t bits[16], other_bits[16];
   getBits(bits);
   other.getBits(other_bits);
@@ -342,9 +339,6 @@ std::ostream& operator<<(std::ostream& o, Literal literal) {
     case Type::funcref:
       o << "funcref(" << literal.getFunc() << ")";
       break;
-    case Type::nullref:
-      o << "nullref";
-      break;
     case Type::exnref:
       o << "exnref(" << literal.getExceptionPackage() << ")";
       break;
@@ -572,7 +566,6 @@ Literal Literal::eqz() const {
     case Type::v128:
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable:
@@ -594,7 +587,6 @@ Literal Literal::neg() const {
     case Type::v128:
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable:
@@ -616,7 +608,6 @@ Literal Literal::abs() const {
     case Type::v128:
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable:
@@ -721,7 +712,6 @@ Literal Literal::add(const Literal& other) const {
     case Type::v128:
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable:
@@ -743,7 +733,6 @@ Literal Literal::sub(const Literal& other) const {
     case Type::v128:
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable:
@@ -836,7 +825,6 @@ Literal Literal::mul(const Literal& other) const {
     case Type::v128:
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable:
@@ -1090,7 +1078,6 @@ Literal Literal::eq(const Literal& other) const {
     case Type::v128:
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable:
@@ -1112,7 +1099,6 @@ Literal Literal::ne(const Literal& other) const {
     case Type::v128:
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable:
diff --git a/src/wasm/wasm-binary.cpp b/src/wasm/wasm-binary.cpp
index ae10687fb02..ffc609f7e23 100644
--- a/src/wasm/wasm-binary.cpp
+++ b/src/wasm/wasm-binary.cpp
@@ -1136,8 +1136,6 @@ Type WasmBinaryBuilder::getType() {
       return Type::funcref;
     case BinaryConsts::EncodedType::externref:
       return Type::externref;
-    case BinaryConsts::EncodedType::nullref:
-      return Type::nullref;
     case BinaryConsts::EncodedType::exnref:
       return Type::exnref;
     default:
@@ -4689,6 +4687,7 @@ void WasmBinaryBuilder::visitDrop(Drop* curr) {
 
 void WasmBinaryBuilder::visitRefNull(RefNull* curr) {
   BYN_TRACE("zz node: RefNull\n");
+  curr->type = getType();
   curr->finalize();
 }
 
diff --git a/src/wasm/wasm-s-parser.cpp b/src/wasm/wasm-s-parser.cpp
index 931cd1bf0d6..473a8124fef 100644
--- a/src/wasm/wasm-s-parser.cpp
+++ b/src/wasm/wasm-s-parser.cpp
@@ -869,9 +869,6 @@ Type SExpressionWasmBuilder::stringToType(const char* str,
   if (strncmp(str, "externref", 9) == 0 && (prefix || str[9] == 0)) {
     return Type::externref;
   }
-  if (strncmp(str, "nullref", 7) == 0 && (prefix || str[7] == 0)) {
-    return Type::nullref;
-  }
   if (strncmp(str, "exnref", 6) == 0 && (prefix || str[6] == 0)) {
     return Type::exnref;
   }
@@ -1779,7 +1776,22 @@ Expression* SExpressionWasmBuilder::makeReturn(Element& s) {
 }
 
 Expression* SExpressionWasmBuilder::makeRefNull(Element& s) {
+  std::string errMsg = "ref.null should take a second argument, which is one "
+                       "of func, extern, or exn";
+  if (s.size() != 2) {
+    throw ParseException(errMsg, s.line, s.col);
+  }
+  const char* str = s[1]->c_str();
   auto ret = allocator.alloc<RefNull>();
+  if (strncmp(str, "func", 4) == 0 && str[4] == 0) {
+    ret->type = Type::funcref;
+  } else if (strncmp(str, "extern", 6) == 0 && str[6] == 0) {
+    ret->type = Type::externref;
+  } else if (strncmp(str, "exn", 4) == 0 && str[3] == 0) {
+    ret->type = Type::exnref;
+  } else {
+    throw ParseException(errMsg, s[1]->line, s[1]->col);
+  }
   ret->finalize();
   return ret;
 }
diff --git a/src/wasm/wasm-stack.cpp b/src/wasm/wasm-stack.cpp
index 88f90378c76..49de76256c5 100644
--- a/src/wasm/wasm-stack.cpp
+++ b/src/wasm/wasm-stack.cpp
@@ -190,7 +190,6 @@ void BinaryInstWriter::visitLoad(Load* curr) {
         return;
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref:
       case Type::none:
         WASM_UNREACHABLE("unexpected type");
@@ -292,7 +291,6 @@ void BinaryInstWriter::visitStore(Store* curr) {
         break;
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref:
       case Type::none:
       case Type::unreachable:
@@ -695,7 +693,6 @@ void BinaryInstWriter::visitConst(Const* curr) {
     }
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
     case Type::unreachable:
@@ -1686,7 +1683,7 @@ void BinaryInstWriter::visitHost(Host* curr) {
 }
 
 void BinaryInstWriter::visitRefNull(RefNull* curr) {
-  o << int8_t(BinaryConsts::RefNull);
+  o << int8_t(BinaryConsts::RefNull) << binaryType(curr->type);
 }
 
 void BinaryInstWriter::visitRefIsNull(RefIsNull* curr) {
diff --git a/src/wasm/wasm-type.cpp b/src/wasm/wasm-type.cpp
index e46cb58866c..c147b14bdb3 100644
--- a/src/wasm/wasm-type.cpp
+++ b/src/wasm/wasm-type.cpp
@@ -260,7 +260,6 @@ std::unordered_map<TypeInfo, uintptr_t> indices = {
   // * `(ref null any) == anyref`
   // * `(ref null eq) == eqref`
   // * `(ref i31) == i31ref`
-  {TypeInfo({Type::nullref}), Type::nullref}, // TODO (removed)
   {TypeInfo({Type::exnref}), Type::exnref},
   {TypeInfo(HeapType(HeapType::ExnKind), true), Type::exnref},
 };
@@ -389,7 +388,6 @@ unsigned Type::getByteSize() const {
         return 16;
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
       case Type::exnref:
       case Type::none:
       case Type::unreachable:
@@ -432,7 +430,6 @@ FeatureSet Type::getFeatures() const {
         return FeatureSet::SIMD;
       case Type::funcref:
       case Type::externref:
-      case Type::nullref:
         return FeatureSet::ReferenceTypes;
       case Type::exnref:
         return FeatureSet::ReferenceTypes | FeatureSet::ExceptionHandling;
@@ -468,13 +465,12 @@ Type Type::get(unsigned byteSize, bool float_) {
 }
 
 bool Type::isSubType(Type left, Type right) {
+  // Currently reference types proposal doesn't have any subtype relationship,
+  // so single type A is a subtype of B only if they are the same type. This
+  // can change later when we add more subtypes.
   if (left == right) {
     return true;
   }
-  if (left.isRef() && right.isRef() &&
-      (right == Type::externref || left == Type::nullref)) {
-    return true;
-  }
   if (left.isTuple() && right.isTuple()) {
     if (left.size() != right.size()) {
       return false;
@@ -513,16 +509,10 @@ Type Type::getLeastUpperBound(Type a, Type b) {
     }
     return Type(types);
   }
-  if (!a.isRef() || !b.isRef()) {
-    return Type::none;
-  }
-  if (a == Type::nullref) {
-    return b;
-  }
-  if (b == Type::nullref) {
-    return a;
-  }
-  return Type::externref;
+  // Currently reference types proposal doesn't have any subtype relationship,
+  // so at this point we return none. This will change when we add subtype
+  // relationship between types.
+  return Type::none;
 }
 
 Type::Iterator Type::end() const {
@@ -708,9 +698,6 @@ std::ostream& operator<<(std::ostream& os, Type type) {
       case Type::externref:
         os << "externref";
         break;
-      case Type::nullref:
-        os << "nullref";
-        break;
       case Type::exnref:
         os << "exnref";
         break;
diff --git a/src/wasm/wasm-validator.cpp b/src/wasm/wasm-validator.cpp
index 8410cc0b217..08eaae3987f 100644
--- a/src/wasm/wasm-validator.cpp
+++ b/src/wasm/wasm-validator.cpp
@@ -313,6 +313,7 @@ struct FunctionValidator : public WalkerPass<PostWalker<FunctionValidator>> {
   void visitDrop(Drop* curr);
   void visitReturn(Return* curr);
   void visitHost(Host* curr);
+  void visitRefNull(RefNull* curr);
   void visitRefIsNull(RefIsNull* curr);
   void visitRefFunc(RefFunc* curr);
   void visitTry(Try* curr);
@@ -1265,7 +1266,6 @@ void FunctionValidator::validateMemBytes(uint8_t bytes,
       break;
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
       WASM_UNREACHABLE("unexpected type");
@@ -1820,6 +1820,13 @@ void FunctionValidator::visitHost(Host* curr) {
   }
 }
 
+void FunctionValidator::visitRefNull(RefNull* curr) {
+  shouldBeTrue(curr->type == Type::funcref || curr->type == Type::externref ||
+                 curr->type == Type::exnref,
+               curr,
+               "ref.null's type should be one of func|extern}exn");
+}
+
 void FunctionValidator::visitRefIsNull(RefIsNull* curr) {
   shouldBeTrue(curr->value->type == Type::unreachable ||
                  curr->value->type.isRef(),
@@ -2075,7 +2082,6 @@ void FunctionValidator::validateAlignment(
       break;
     case Type::funcref:
     case Type::externref:
-    case Type::nullref:
     case Type::exnref:
     case Type::none:
       WASM_UNREACHABLE("invalid type");
diff --git a/src/wasm/wasm.cpp b/src/wasm/wasm.cpp
index 387ea577fea..996fd35212d 100644
--- a/src/wasm/wasm.cpp
+++ b/src/wasm/wasm.cpp
@@ -210,7 +210,7 @@ Literal getSingleLiteralFromConstExpression(Expression* curr) {
   if (auto* c = curr->dynCast<Const>()) {
     return c->value;
   } else if (curr->is<RefNull>()) {
-    return Literal::makeNullref();
+    return Literal::makeNull(curr->type);
   } else if (auto* r = curr->dynCast<RefFunc>()) {
     return Literal::makeFuncref(r->func);
   } else {
@@ -896,8 +896,6 @@ void Host::finalize() {
   }
 }
 
-void RefNull::finalize() { type = Type::nullref; }
-
 void RefIsNull::finalize() {
   if (value->type == Type::unreachable) {
     type = Type::unreachable;
diff --git a/test/binaryen.js/kitchen-sink.js b/test/binaryen.js/kitchen-sink.js
index 93ed273340b..9751024afd5 100644
--- a/test/binaryen.js/kitchen-sink.js
+++ b/test/binaryen.js/kitchen-sink.js
@@ -563,7 +563,6 @@ function test_core() {
     module.v128.pop(),
     module.externref.pop(),
     module.funcref.pop(),
-    module.nullref.pop(),
     module.exnref.pop(),
     // TODO: Host
     module.nop(),
diff --git a/test/example/c-api-kitchen-sink.c b/test/example/c-api-kitchen-sink.c
index b1dbae7d53b..97eca45f867 100644
--- a/test/example/c-api-kitchen-sink.c
+++ b/test/example/c-api-kitchen-sink.c
@@ -205,12 +205,6 @@ void test_types() {
   BinaryenTypeExpand(externref, &valueType);
   assert(valueType == externref);
 
-  BinaryenType nullref = BinaryenTypeNullref();
-  printf("  // BinaryenTypeNullref: %d\n", nullref);
-  assert(BinaryenTypeArity(nullref) == 1);
-  BinaryenTypeExpand(nullref, &valueType);
-  assert(valueType == nullref);
-
   BinaryenType exnref = BinaryenTypeExnref();
   printf("  // BinaryenTypeExnref: %d\n", exnref);
   assert(BinaryenTypeArity(exnref) == 1);
@@ -294,7 +288,9 @@ void test_core() {
                         temp10 = makeInt32(module, 1), temp11 = makeInt32(module, 3), temp12 = makeInt32(module, 5),
                         temp13 = makeInt32(module, 10), temp14 = makeInt32(module, 11),
                         temp15 = makeInt32(module, 110), temp16 = makeInt64(module, 111);
-  BinaryenExpressionRef nullrefExpr = BinaryenRefNull(module);
+  BinaryenExpressionRef nullExternExpr = BinaryenRefNull(module, BinaryenTypeExternref());
+  BinaryenExpressionRef nullFuncExpr = BinaryenRefNull(module, BinaryenTypeFuncref());
+  BinaryenExpressionRef nullExnExpr = BinaryenRefNull(module, BinaryenTypeExnref());
   BinaryenExpressionRef funcrefExpr =
     BinaryenRefFunc(module, "kitchen()sinker");
 
@@ -718,10 +714,12 @@ void test_core() {
                                iIfF,
                                BinaryenTypeInt32()),
     // Reference types
-    BinaryenRefIsNull(module, nullrefExpr),
+    BinaryenRefIsNull(module, nullExternExpr),
+    BinaryenRefIsNull(module, nullFuncExpr),
+    BinaryenRefIsNull(module, nullExnExpr),
     BinaryenRefIsNull(module, funcrefExpr),
     BinaryenSelect(
-      module, temp10, nullrefExpr, funcrefExpr, BinaryenTypeFuncref()),
+      module, temp10, nullFuncExpr, funcrefExpr, BinaryenTypeFuncref()),
     // Exception handling
     BinaryenTry(module, tryBody, catchBody),
     // Atomics
@@ -746,12 +744,8 @@ void test_core() {
     BinaryenPop(module, BinaryenTypeInt64()),
     BinaryenPop(module, BinaryenTypeFloat32()),
     BinaryenPop(module, BinaryenTypeFloat64()),
-    BinaryenPop(module, BinaryenTypeFuncref()),
     BinaryenPop(module, BinaryenTypeExternref()),
-    BinaryenPop(module, BinaryenTypeNullref()),
-    BinaryenPop(module, BinaryenTypeExnref()),
     BinaryenPop(module, BinaryenTypeFuncref()),
-    BinaryenPop(module, BinaryenTypeNullref()),
     BinaryenPop(module, BinaryenTypeExnref()),
 
     // TODO: Host
diff --git a/test/multivalue.wast b/test/multivalue.wast
index 01e1237f37f..3923a0eea3c 100644
--- a/test/multivalue.wast
+++ b/test/multivalue.wast
@@ -129,17 +129,17 @@
   )
  )
  (func $mv-if (result i32 i64 externref)
-  (if (result i32 i64 nullref)
+  (if (result i32 i64 externref)
    (i32.const 1)
    (tuple.make
     (i32.const 42)
     (i64.const 42)
-    (ref.null)
+    (ref.null extern)
    )
    (tuple.make
     (i32.const 42)
     (i64.const 42)
-    (ref.null)
+    (ref.null extern)
    )
   )
  )
@@ -164,4 +164,4 @@
    )
   )
  )
-)
\ No newline at end of file
+)
diff --git a/test/passes/dce_all-features.wast b/test/passes/dce_all-features.wast
index 77e781097b8..8a33f975d6f 100644
--- a/test/passes/dce_all-features.wast
+++ b/test/passes/dce_all-features.wast
@@ -779,7 +779,7 @@
 
   (func $throw
     (drop
-      (block $label$0 (result nullref)
+      (block $label$0 (result externref)
         (if
           (i32.clz
             (block $label$1 (result i32)
@@ -788,25 +788,25 @@
           )
           (nop)
         )
-        (ref.null)
+        (ref.null extern)
       )
     )
   )
 
   (func $rethrow
     (drop
-      (block $label$0 (result nullref)
+      (block $label$0 (result externref)
         (if
           (i32.clz
             (block $label$1 (result i32)
               (rethrow
-                (ref.null)
+                (ref.null extern)
               )
             )
           )
           (nop)
         )
-        (ref.null)
+        (ref.null extern)
       )
     )
   )
diff --git a/test/passes/merge-locals_all-features.wast b/test/passes/merge-locals_all-features.wast
index 2a0a3d2922d..c47dfd12510 100644
--- a/test/passes/merge-locals_all-features.wast
+++ b/test/passes/merge-locals_all-features.wast
@@ -375,17 +375,5 @@
    )
   )
  )
- (func $subtype-test
-  (local $0 externref)
-  (local $1 nullref)
-  (local $2 nullref)
-  (local.set $0
-   (local.get $1)
-  )
-  (local.set $2
-    ;; This should NOT become $0, because types of $0 and $1 are different
-   (local.get $1)
-  )
- )
 )
 
diff --git a/test/passes/precompute_all-features.wast b/test/passes/precompute_all-features.wast
index 343b01ff144..24ebeced9f4 100644
--- a/test/passes/precompute_all-features.wast
+++ b/test/passes/precompute_all-features.wast
@@ -385,13 +385,13 @@
   )
 
   ;; Check if Precompute pass does not crash on reference types
-  (func $reftype-test (result nullref)
-    (ref.null)
+  (func $reftype-test (result externref)
+    (ref.null extern)
   )
 
   ;; Check if constant nodes (const, ref.null, and ref.func) are correctly
   ;; reused. (We shouldn't reuse a const node for something like ref.null, which
-  ;; will incorrectly cause an expression like 'nullref.const'.)
+  ;; will incorrectly cause an expression like 'funcref.const'.)
   (func $dummy)
   (func $br_reuse_node
    (drop
@@ -418,7 +418,7 @@
    )
 
    (drop
-    (block $l2 (result nullref)
+    (block $l2 (result externref)
      (drop
       (block $l3 (result i32)
        (global.set $global-mut
@@ -428,14 +428,14 @@
         (i32.const 1)
         (ref.is_null
          (br_if $l2
-          (ref.null)
+          (ref.null extern)
           (i32.const 3)
          )
         )
        )
       )
      )
-     (ref.null)
+     (ref.null extern)
     )
    )
 
@@ -457,7 +457,7 @@
        )
       )
      )
-     (ref.null)
+     (ref.null func)
     )
    )
   )
@@ -469,7 +469,7 @@
     (block $label$1
       (drop
         (br_on_exn $label$1 $event$0
-          (loop $label$2 (result nullref)
+          (loop $label$2 (result externref)
             (br $label$2)
           )
         )
diff --git a/test/reference-types.wast b/test/reference-types.wast
index 8bea4e8e418..53cca8ffcce 100644
--- a/test/reference-types.wast
+++ b/test/reference-types.wast
@@ -1,88 +1,60 @@
-;; reftype :: externref | funcref | exnref | nullref
-
-;; t <: externref for all reftypes t
-;; nullref <: externref, nullref <: funcref and nullref <: exnref
-;; TODO: the subtyping relationship has been removed from the current proposal
-;; so it also needs to be removed from Binaryen still both in the tests but
-;; also inside the validation, fuzzing, etc.
-;; https://github.com/WebAssembly/reference-types/pull/87
+;; reftype :: externref | funcref | exnref
 
 (module
   (type $sig_externref (func (param externref)))
   (type $sig_funcref (func (param funcref)))
   (type $sig_exnref (func (param exnref)))
-  (type $sig_nullref (func (param nullref)))
 
   (func $take_externref (param externref))
   (func $take_funcref (param funcref))
   (func $take_exnref (param exnref))
-  (func $take_nullref (param nullref))
   (func $foo)
 
-  (table funcref (elem $take_externref $take_funcref $take_exnref $take_nullref))
+  (table funcref (elem $take_externref $take_funcref $take_exnref))
 
   (import "env" "import_func" (func $import_func (param externref) (result funcref)))
   (import "env" "import_global" (global $import_global externref))
   (export "export_func" (func $import_func (param externref) (result funcref)))
   (export "export_global" (global $import_global))
 
-  ;; Test subtype relationship in global initializer expressions
-  (global $global_externref (mut externref) (ref.null))
-  (global $global_funcref (mut funcref) (ref.null))
-  (global $global_exnref (mut exnref) (ref.null))
-  (global $global_nullref (mut nullref) (ref.null))
-  (global $global_externref2 (mut externref) (ref.func $foo))
+  ;; Global initializer expressions
+  (global $global_externref (mut externref) (ref.null extern))
+  (global $global_funcref (mut funcref) (ref.null func))
   (global $global_funcref2 (mut funcref) (ref.func $foo))
+  (global $global_exnref (mut exnref) (ref.null exn))
 
   (func $test (local $local_externref externref) (local $local_funcref funcref)
-        (local $local_exnref exnref) (local $local_nullref nullref)
-    ;; Test subtype relationship for local.set & Test types for local.get
+        (local $local_exnref exnref)
+    ;; local.set / local.get
     (local.set $local_externref (local.get $local_externref))
-    (local.set $local_externref (local.get $local_funcref))
-    (local.set $local_externref (local.get $local_exnref))
-    (local.set $local_externref (local.get $local_nullref))
-    (local.set $local_externref (ref.null))
-    (local.set $local_externref (ref.func $foo))
+    (local.set $local_externref (ref.null extern))
     (local.set $local_funcref (local.get $local_funcref))
-    (local.set $local_funcref (ref.null))
+    (local.set $local_funcref (ref.null func))
     (local.set $local_funcref (ref.func $foo))
     (local.set $local_exnref (local.get $local_exnref))
-    (local.set $local_exnref (ref.null))
-    (local.set $local_nullref (local.get $local_nullref))
-    (local.set $local_nullref (ref.null))
+    (local.set $local_exnref (ref.null exn))
 
-    ;; Test subtype relationship for global.set & Test types for global.get
+    ;; global.set / global.get
     (global.set $global_externref (global.get $global_externref))
-    (global.set $global_externref (global.get $global_funcref))
-    (global.set $global_externref (global.get $global_exnref))
-    (global.set $global_externref (global.get $global_nullref))
-    (global.set $global_externref (ref.null))
-    (global.set $global_externref (ref.func $foo))
+    (global.set $global_externref (ref.null extern))
     (global.set $global_funcref (global.get $global_funcref))
-    (global.set $global_funcref (ref.null))
+    (global.set $global_funcref (ref.null func))
     (global.set $global_funcref (ref.func $foo))
     (global.set $global_exnref (global.get $global_exnref))
-    (global.set $global_exnref (ref.null))
-    (global.set $global_nullref (global.get $global_nullref))
-    (global.set $global_nullref (ref.null))
+    (global.set $global_exnref (ref.null exn))
 
-    ;; Test subtype relationship for function call / call_indirect params
+    ;; Function call / call_indirect params
     (call $take_externref (local.get $local_externref))
-    (call $take_externref (local.get $local_funcref))
-    (call $take_externref (local.get $local_exnref))
-    (call $take_externref (ref.null))
+    (call $take_externref (ref.null extern))
     (call_indirect (type $sig_externref) (local.get $local_externref) (i32.const 0))
-    (call_indirect (type $sig_externref) (local.get $local_funcref) (i32.const 0))
-    (call_indirect (type $sig_externref) (local.get $local_exnref) (i32.const 0))
-    (call_indirect (type $sig_externref) (ref.null) (i32.const 0))
+    (call_indirect (type $sig_externref) (ref.null extern) (i32.const 0))
     (call_indirect (type $sig_funcref) (local.get $local_funcref) (i32.const 1))
-    (call_indirect (type $sig_funcref) (ref.null) (i32.const 1))
+    (call_indirect (type $sig_funcref) (ref.null func) (i32.const 1))
+    (call_indirect (type $sig_funcref) (ref.func $foo) (i32.const 1))
     (call_indirect (type $sig_exnref) (local.get $local_exnref) (i32.const 2))
-    (call_indirect (type $sig_exnref) (ref.null) (i32.const 2))
-    (call_indirect (type $sig_nullref) (local.get $local_nullref) (i32.const 3))
-    (call_indirect (type $sig_nullref) (ref.null) (i32.const 3))
+    (call_indirect (type $sig_exnref) (ref.null exn) (i32.const 2))
 
-    ;; Test subtype relationship for block return type
+    ;; block return type
     (drop
       (block (result externref)
         (br_if 0 (local.get $local_externref) (i32.const 1))
@@ -90,36 +62,36 @@
     )
     (drop
       (block (result externref)
-        (br_if 0 (local.get $local_funcref) (i32.const 1))
+        (br_if 0 (ref.null extern) (i32.const 1))
       )
     )
     (drop
-      (block (result externref)
-        (br_if 0 (local.get $local_exnref) (i32.const 1))
+      (block (result funcref)
+        (br_if 0 (local.get $local_funcref) (i32.const 1))
       )
     )
     (drop
-      (block (result externref)
-        (br_if 0 (ref.null) (i32.const 1))
+      (block (result funcref)
+        (br_if 0 (ref.null func) (i32.const 1))
       )
     )
     (drop
       (block (result funcref)
-        (br_if 0 (ref.null) (i32.const 1))
+        (br_if 0 (ref.func $foo) (i32.const 1))
       )
     )
     (drop
       (block (result exnref)
-        (br_if 0 (ref.null) (i32.const 1))
+        (br_if 0 (local.get $local_exnref) (i32.const 1))
       )
     )
     (drop
-      (block (result nullref)
-        (br_if 0 (ref.null) (i32.const 1))
+      (block (result exnref)
+        (br_if 0 (ref.null exn) (i32.const 1))
       )
     )
 
-    ;; Test subtype relationship for loop return type
+    ;; loop return type
     (drop
       (loop (result externref)
         (local.get $local_externref)
@@ -127,27 +99,22 @@
     )
     (drop
       (loop (result externref)
-        (local.get $local_funcref)
-      )
-    )
-    (drop
-      (loop (result externref)
-        (local.get $local_exnref)
+        (ref.null extern)
       )
     )
     (drop
-      (loop (result externref)
-        (ref.null)
+      (loop (result funcref)
+        (local.get $local_funcref)
       )
     )
     (drop
       (loop (result funcref)
-        (local.get $local_funcref)
+        (ref.null func)
       )
     )
     (drop
       (loop (result funcref)
-        (ref.null)
+        (ref.func $foo)
       )
     )
     (drop
@@ -157,71 +124,42 @@
     )
     (drop
       (loop (result exnref)
-        (ref.null)
-      )
-    )
-    (drop
-      (loop (result nullref)
-        (ref.null)
+        (ref.null exn)
       )
     )
 
-    ;; Test subtype relationship for if return type
+    ;; if return type
     (drop
       (if (result externref)
         (i32.const 1)
         (local.get $local_externref)
-        (local.get $local_exnref)
-      )
-    )
-    (drop
-      (if (result externref)
-        (i32.const 1)
-        (ref.func $foo)
-        (ref.null)
+        (ref.null extern)
       )
     )
     (drop
       (if (result funcref)
         (i32.const 1)
         (ref.func $foo)
-        (ref.null)
+        (ref.null func)
       )
     )
     (drop
       (if (result exnref)
         (i32.const 1)
         (local.get $local_exnref)
-        (ref.null)
-      )
-    )
-    (drop
-      (if (result nullref)
-        (i32.const 1)
-        (local.get $local_nullref)
-        (ref.null)
+        (ref.null exn)
       )
     )
 
-    ;; Test subtype relationship for try return type
+    ;; try return type
     (drop
       (try (result externref)
         (do
           (local.get $local_externref)
         )
-        (catch
-          (exnref.pop)
-        )
-      )
-    )
-    (drop
-      (try (result externref)
-        (do
-          (ref.func $foo)
-        )
         (catch
           (drop (exnref.pop))
-          (ref.null)
+          (ref.null extern)
         )
       )
     )
@@ -232,79 +170,40 @@
         )
         (catch
           (drop (exnref.pop))
-          (ref.null)
+          (ref.null func)
         )
       )
     )
     (drop
       (try (result exnref)
         (do
-          (ref.null)
+          (ref.null exn)
         )
         (catch
           (exnref.pop)
         )
       )
     )
-    (drop
-      (try (result nullref)
-        (do
-          (ref.null)
-        )
-        (catch
-          (drop (exnref.pop))
-          (ref.null)
-        )
-      )
-    )
 
-    ;; Test subtype relationship for typed select
+    ;; Typed select
     (drop
       (select (result externref)
         (local.get $local_externref)
-        (ref.func $foo)
-        (i32.const 1)
-      )
-    )
-    (drop
-      (select (result externref)
-        (local.get $local_exnref)
-        (local.get $local_externref)
-        (i32.const 1)
-      )
-    )
-    (drop
-      (select (result externref)
-        (local.get $local_externref)
-        (ref.null)
-        (i32.const 1)
-      )
-    )
-    (drop
-      (select (result externref)
-        (ref.null)
-        (ref.func $foo)
+        (ref.null extern)
         (i32.const 1)
       )
     )
     (drop
       (select (result funcref)
         (ref.func $foo)
-        (ref.null)
+        (ref.null func)
         (i32.const 1)
       )
     )
     (drop
       (select (result exnref)
-        (ref.null)
         (local.get $local_exnref)
-        (i32.const 1)
-      )
-    )
-    (drop
-      (select (result nullref)
-        (ref.null)
-        (ref.null)
+        (ref.null exn)
         (i32.const 1)
       )
     )
@@ -320,56 +219,43 @@
     (drop (ref.is_null (local.get $local_externref)))
     (drop (ref.is_null (local.get $local_exnref)))
     (drop (ref.is_null (ref.func $foo)))
-    (drop (ref.is_null (ref.null)))
+    (drop (ref.is_null (ref.null extern)))
+    (drop (ref.is_null (ref.null func)))
+    (drop (ref.is_null (ref.null exn)))
   )
 
-  ;; Test subtype relationship in function return type
+  ;; Function return type
   (func $return_externref (result externref) (local $local_externref externref)
     (local.get $local_externref)
   )
   (func $return_externref2 (result externref)
-    (ref.func $foo)
-  )
-  (func $return_externref3 (result externref) (local $local_exnref exnref)
-    (local.get $local_exnref)
-  )
-  (func $return_externref4 (result externref)
-    (ref.null)
+    (ref.null extern)
   )
   (func $return_funcref (result funcref)
     (ref.func $foo)
   )
   (func $return_funcref2 (result funcref)
-    (ref.null)
+    (ref.null func)
   )
   (func $return_exnref (result exnref) (local $local_exnref exnref)
     (local.get $local_exnref)
   )
   (func $return_exnref2 (result exnref)
-    (ref.null)
-  )
-  (func $return_nullref (result nullref) (local $local_nullref nullref)
-    (local.get $local_nullref)
+    (ref.null exn)
   )
 
-  ;; Test subtype relationship in returns
+  ;; Returns
   (func $return_externref_returns (result externref) (local $local_externref externref)
         (local $local_exnref exnref)
     (return (local.get $local_externref))
-    (return (local.get $local_exnref))
-    (return (ref.func $foo))
-    (return (ref.null))
+    (return (ref.null extern))
   )
   (func $return_funcref_returns (result funcref)
     (return (ref.func $foo))
-    (return (ref.null))
+    (return (ref.null func))
   )
   (func $return_exnref_returns (result exnref) (local $local_exnref exnref)
     (return (local.get $local_exnref))
-    (return (ref.null))
-  )
-  (func $return_nullref_returns (result nullref) (local $local_nullref nullref)
-    (return (local.get $local_nullref))
-    (return (ref.null))
+    (return (ref.null exn))
   )
 )