Securitize rises in NYSE debut as tokenized shares launch on Solana, Avalanche
Tokenization platform Securitize rose in its New York Stock Exchange debut on Thursday after becoming the first newly public company to issue tokenized versions of its shares on the same day it began trading.
The BlackRock- and Morgan Stanley-backed company started trading on the NYSE under the ticker SECZ after completing its merger with a Cantor Fitzgerald-backed special-purpose acquisition company (SPAC).
Alongside its public listing, Securitize launched tokenized versions of its common stock on the Solana and Avalanche blockchains. The tokenized shares are available to eligible US investors through the company’s platform.
The launch marks a milestone for tokenized equities, an area that has drawn growing interest from financial institutions seeking faster settlement, longer trading hours and broader market access.
Securitize has emerged as one of the leading firms in the institutional tokenization market. In March, it partnered with the NYSE to develop tokenized assets for the exchange’s planned tokenized securities platform.
Securitize says tokenized shares fit existing US rules
Securitize said the launch shows that issuer-backed tokenized securities can be issued and traded under existing US securities laws. Access to the tokenized shares is limited to eligible investors who complete identity verification and compliance checks.
”We have long said that public equities are moving onchain, and there is no stronger validation of that belief than tokenizing our own public stock on Day 1,” Securitize co-founder and CEO Carlos Domingo said.
Domingo added that SECZ is not a synthetic token or an offshore product, but a tokenized version of the same common stock listed on the NYSE and offered through regulated infrastructure.
The US Securities and Exchange Commission clarified in January that issuer-backed tokenized securities remain subject to existing federal securities laws. The agency was also reported to be considering an exemption for tokenized stock trading earlier this year before delaying the proposal following industry feedback.
Featured image from: cointelegraph.com