ASecuritize (SECZ), a specialist in tokenization supported by BlackRock and ARK Invest, began trading on the New York Stock Exchange on Thursday and, at the same time, launched its own shares for blockchain investors.
The company said its common shares, traded under the ticker SECZ, are now available in token format on the Solana (SOL) and Avalanche (AVAX) platforms, through its regulated platform. Blockchain-based shares represent the same common shares traded on the NYSE, and not a separate class of securities, the company explained.
Securitize also boasted of being the first newly public company to tokenize its own shares on the first day of trading. Investors held about US$ 295 million in tokenized shares, according to data from RWA.xyz’s blockchain.
SECZ shares rose 10% in Thursday’s session, its first day after the merger with Cantor Equity Partners II, a publicly listed company, through a special-purpose acquisition company (SPAC) deal.
The launch represents the latest milestone in the tokenization sector, which is growing rapidly and where banks and asset managers are increasingly using blockchain infrastructure to issue traditional financial assets such as funds, bonds, and shares. Supporters argue that tokenization can reduce settlement timelines, enable uninterrupted transfers, and make securities interoperable with blockchain-based financial applications.
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The company said its common shares, traded under the ticker SECZ, are now available in token format on the Solana (SOL) and Avalanche (AVAX) platforms, through its regulated platform. Blockchain-based shares represent the same common shares traded on the NYSE, and not a separate class of securities, the company explained.
Securitize also boasted of being the first newly public company to tokenize its own shares on the first day of trading. Investors held about US$ 295 million in tokenized shares, according to data from RWA.xyz’s blockchain.
SECZ shares rose 10% in Thursday’s session, its first day after the merger with Cantor Equity Partners II, a publicly listed company, through a special-purpose acquisition company (SPAC) deal.
The launch represents the latest milestone in the tokenization sector, which is growing rapidly and where banks and asset managers are increasingly using blockchain infrastructure to issue traditional financial assets such as funds, bonds, and shares. Supporters argue that tokenization can reduce settlement timelines, enable uninterrupted transfers, and make securities interoperable with blockchain-based financial applications.
#jpmpbusinessmanagement
