Securitize Stock Surges Over 10% Following Launch of Tokenized US Equities on Solana
Shares of Securitize jumped about 10% on Thursday following the company’s introduction of tokenized versions of major U.S. stocks on the Solana blockchain. This new product offers eligible investors exposure to equities fully backed by underlying shares, preserving benefits like dividends and voting rights. Initially, tokenized shares of companies including Apple, Nvidia, Microsoft, and Tesla will be traded during extended market hours on Securitize’s registered broker-dealer platform.
Launch of Tokenized U.S. Equities on Solana
Securitize introduced a new product called Securitize Stocks, comprising tokenized shares of Apple, Nvidia, Microsoft, Tesla, and eight additional U.S.-listed companies. Each token represents a one-to-one ownership claim on the underlying share. Trading of these tokens commences during extended market hours through Securitize’s registered broker-dealer platform.
The company states that these tokens are recognized as security entitlements under Article 8 of the U.S. Uniform Commercial Code, ensuring holders maintain shareholder rights including dividends and voting privileges.
Settlements will be conducted using the USDC stablecoin on the Solana blockchain. Liquidity will be supported by Jump Trading acting as a market maker. In the future, Securitize intends to list the assets on tokenized securities platforms being developed by the New York Stock Exchange and OKXICE, though launch dates have not been announced.
Expansion Plans and New Partnerships
Securitize plans to extend trading hours to 24/7 at an unspecified future date. Beyond trading, the company is exploring broader applications for tokenized equities within financial ecosystems.
For instance, Ripple Prime is set to support the launch and is exploring integration of these assets into its institutional trading services. The decentralized lending platform Aave has been identified as a potential venue for utilizing tokenized stocks as collateral.
At the time of reporting, Ripple Prime did not provide additional comments.
Stock Performance and International Collaborations
Thursday’s rally marked the second significant intraday jump for Securitize shares this week. On Tuesday, shares climbed nearly 8% after Securitize announced a partnership with South Korean tech firm LG CNS focused on exploring tokenized funds, equities, and stablecoins for financial institutions.
The South Korean partnership also aims to build infrastructure linking local financial institutions with global capital markets. This agreement followed a September memorandum with Dubai’s Virtual Assets Regulatory Authority aimed at supporting regulated tokenization initiatives in Dubai.
Over the past month, Securitize shares have gained about 54%, according to Yahoo Finance data.
Context of the Tokenized Real-World Assets Market
Securitize’s expansion aligns with growing global activity in tokenized real-world assets. According to RWA.xyz, the total distributed asset value excluding stablecoins reached $38.88 billion as of Thursday, up from $25.36 billion a year earlier.
This growing market facilitates increased accessibility and liquidity by integrating traditional securities with blockchain technology, enabling new financial products and services.
Why it matters
Securitize’s launch of tokenized U.S. equities represents a significant advancement in bridging traditional finance with blockchain technology. By offering tokenized shares of major companies that retain key shareholder rights such as dividends and voting, the company provides investors with streamlined and flexible access to established equity markets in a digital format. The involvement of partners like Ripple Prime and Aave suggests promising pathways for incorporating tokenized securities into institutional investment and decentralized finance ecosystems. Coupled with the expanding size of the tokenized real-world assets market globally, this development supports ongoing democratization and digitization of capital markets.
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