Securitize just put a dozen U.S. megacaps on Solana and the structure is the real story here.
Apple Nvidia Tesla Microsoft Amazon Meta all live on Solana through Securitize's registered broker dealer platform. Settled in USDC with Jump Trading providing liquidity. Eligible investors in the U.S. EU and other permitted markets can trade during extended hours with 24/7 on the roadmap.
The pitch from Securitize CEO Carlos Domingo cuts straight at the competition: Tokenized stocks should give investors more than a price that happens to track a stock. That s a direct jab at the offshore synthetic products that dominated the space. Each token here is a Convertible Entitlement Token backed 1:1 by an actual share held in a segregated account that won't be lent out. Dividends pass through. Voting rights apply where the share class carries them.
But read the fine print. You are not on the companys cap table. You hold a security entitlement the same legal framework that governs shares sitting in your brokerage account. Conversion to registered shares only becomes available if the issuer opts into Securitizes tokenization model. That's a bridge not a full replacement.
The bigger picture: this launch comes three weeks after the SEC granted a five year innovation exemption for onchain trading of fully backed stock tokens. And Securitize has plans to connect these tokens to the NYSE s planned 24/7 digital venue and the OKXICE platform neither of which has launched yet but both signal where the infrastructure is heading.
Tokenized stocks just crossed $3 billion in onchain value. Securitize is driving a big chunk of that growth. The question now is whether security entitlement is enough to pull real volume from traditional brokerage accounts or whether investors will wait until they can hold actual registered shares onchain.
What's your read is this the inflection point for tokenized equities, or still a compliance friendly warmup? $MET $TST #FedMinutesFocusOnOctoberPause #IMFSaysTokenizedMarketsSmall #EvernorthDelaysNasdaqDebutToOct12
Apple Nvidia Tesla Microsoft Amazon Meta all live on Solana through Securitize's registered broker dealer platform. Settled in USDC with Jump Trading providing liquidity. Eligible investors in the U.S. EU and other permitted markets can trade during extended hours with 24/7 on the roadmap.
The pitch from Securitize CEO Carlos Domingo cuts straight at the competition: Tokenized stocks should give investors more than a price that happens to track a stock. That s a direct jab at the offshore synthetic products that dominated the space. Each token here is a Convertible Entitlement Token backed 1:1 by an actual share held in a segregated account that won't be lent out. Dividends pass through. Voting rights apply where the share class carries them.
But read the fine print. You are not on the companys cap table. You hold a security entitlement the same legal framework that governs shares sitting in your brokerage account. Conversion to registered shares only becomes available if the issuer opts into Securitizes tokenization model. That's a bridge not a full replacement.
The bigger picture: this launch comes three weeks after the SEC granted a five year innovation exemption for onchain trading of fully backed stock tokens. And Securitize has plans to connect these tokens to the NYSE s planned 24/7 digital venue and the OKXICE platform neither of which has launched yet but both signal where the infrastructure is heading.
Tokenized stocks just crossed $3 billion in onchain value. Securitize is driving a big chunk of that growth. The question now is whether security entitlement is enough to pull real volume from traditional brokerage accounts or whether investors will wait until they can hold actual registered shares onchain.
What's your read is this the inflection point for tokenized equities, or still a compliance friendly warmup? $MET $TST #FedMinutesFocusOnOctoberPause #IMFSaysTokenizedMarketsSmall #EvernorthDelaysNasdaqDebutToOct12