Securitize Launches Tokenized U.S. Stocks on Solana, With NYSE 24/7 Trading in Its Sights
Securitize Corp. (NYSE: SECZ) launched Securitize Stocks on Thursday. The new product lets eligible investors in the U.S., the European Union and other approved markets trade blockchain-based versions of 12 major U.S. stocks. Each token is backed one-for-one by a real share, and trading settles in USDC on the Solana blockchain. Securitize also expects the tokens to trade on the New York Stock Exchange’s planned 24/7 digital venue and on OKXICE, a new tokenized securities exchange from Intercontinental Exchange and OKX.
Key Points
- The launch covers Apple, Microsoft, NVIDIA, Alphabet, Tesla, Meta, Amazon, Netflix, Circle, SpaceX, Strategy and Palantir.
- Each token represents a legal claim on one real share, which is never lent out, and holders keep dividend and voting rights where the shares carry them.
- Trading starts in extended hours, with Jump Trading as the market maker, and Securitize plans to expand to 24/7 trading.
- Securitize manages about $5 billion in assets and works with partners including BlackRock, Apollo, KKR and BNY.
Securitize (NYSE: SECZ) Puts Investor Protections at the Center
Securitize says its approach is different from most tokenized stocks, which are simply digital “wrappers” that track a stock’s price. Each Securitize token is a security entitlement under UCC Article 8, the same legal framework that governs shares held at a broker. As a result, holders keep the economic benefits of owning the stock. Where possible, they can also convert their tokens into shares registered directly with the issuing company.
“Tokenized stocks should give investors more than a price on a wrapper,” said Carlos Domingo, Chairman and CEO of Securitize. He added that the goal is to “bring equities onchain without leaving behind the ownership, investor protections and market infrastructure” investors rely on.
In the U.S., Securitize Markets, a broker-dealer regulated by FINRA and SIPC, offers the product. In Europe, Securitize Europe Brokerage and Markets offers it. RQD handles clearing, custody and settlement. The listed companies have not sponsored or endorsed the tokens.
A Wall Street-Scale Partner Network
The launch partners include major names from both traditional finance and crypto. Ripple Prime plans to support institutional trading, while Aave, the crypto lending platform, could eventually let holders borrow against their tokens. Meanwhile, Securitize’s own stock has traded in tokenized form on Solana since it listed on the NYSE in July.
The timing also matters. In September, the SEC introduced an “innovation exemption” that gives new blockchain-based trading venues a path to approval. The OKXICE venue, co-chaired by former New York Governor Andrew Cuomo, has already filed its paperwork. “Investors everywhere want access to the world’s deepest, most innovative capital markets,” Cuomo said.
What Comes Next
Both the NYSE and OKXICE venues still need to launch and receive regulatory approval, so trading there is not guaranteed. Even so, Securitize now has a product that gives investors outside the U.S. a regulated way to own the largest U.S. stocks on blockchain, around the clock.
Securitize is a member of the PRISM Fintech Index and has a market value of about $1.6 billion. Its shares traded near $11.12 early Thursday.
