Securitize has launched Securitize Stocks, a new product offering tokenized equities backed one-to-one by real shares, the company announced Wednesday. These tokens represent security entitlements under the Uniform Commercial Code, preserving investor rights such as dividends and voting.
The tokens will initially trade on Securitize’s registered broker-dealer platform on the Solana network, settling in the USDC stablecoin. The offering is available to eligible investors in the U.S., the European Union, and other permitted jurisdictions. Securitize said the shares backing the tokens will not be lent out, and holders may convert their entitlements into actual registered shares if the issuer supports it.
Initially, the Securitize Stocks product includes 12 widely held stocks, featuring companies like Apple, Microsoft, Nvidia, Google, Tesla, Meta, Amazon, Netflix, Circle, Strategy, and Palantir. Carlos Domingo, Securitize’s chairman and CEO, stated the aim is to bring equities onchain “without leaving behind the ownership, investor protections and market infrastructure that make U.S. capital markets work.”
Trading will be facilitated by Securitize’s Solana-based automated market maker, with Jump Trading serving as a market maker. The company has plans for 24/7 trading.
This launch occurs amid a growing trend of tokenizing traditional securities on blockchain networks. Securitize’s own shares have been trading on Solana since its NYSE listing in July. The U.S. Securities and Exchange Commission’s (SEC) “innovation exemption” has reportedly opened a compliant path for tokenized stocks, leading to increased activity in the space from competitors such as Coinbase, the NYSE, and an OKX-ICE venture.
Partnerships with Ripple Prime and Aave have also been named. The integration of tokenized stocks into decentralized finance (DeFi) ecosystems is seen as expanding their utility beyond simple trading, potentially allowing them to be used across onchain lending and collateral markets.
Uncertainties remain regarding the exact launch dates for the NYSE’s planned 24/7 venue and the OKX-ICE tokenized-securities venue. Additionally, it is not yet reported whether all issuers will support the conversion of entitlements into actual registered shares.
Why This Matters
Securitize’s launch of tokenized stocks on Solana, backed by real shares and preserving investor rights, signifies a notable development in the ongoing trend of traditional asset tokenization. This move is driven by increasing institutional interest and regulatory clarity, as evidenced by the SEC’s “innovation exemption” which has reportedly paved the way for such offerings. The integration into DeFi ecosystems further expands the utility of these assets, positioning them for broader use in onchain markets.
Broader Context
Source materials place the factual news in this context: The launch lands in a fast-accelerating race to put stocks on blockchain networks.
