**Securitize** began trading, under regulation, tokenized U.S. stocks—12 types including Apple, Nvidia, and Tesla—on the Solana (SOL) blockchain for qualified investors in the U.S. and Europe on Thursday (local time).

Key points

  • “Securitize Stocks” offers tokenized shares of 12 U.S. companies, where each token is linked and collateralized 1:1 to one underlying share.

  • Trading is conducted on Solana through Securitize’s registered broker-dealers, and settlement is made in USDC.

  • There are plans for listings on the NYSE’s 24-hour digital market and the OKXICE exchange, but both platforms have not launched yet.

‘Securitize Stocks’ started on Solana

Based in Miami, tokenization specialist Securitize said its new offering, ‘Securitize Stocks,’ includes Microsoft, Amazon, Alphabet, Meta, Netflix, Circle, Strategy, Palantir, and **SpaceX**.

Token trading operates through Securitize’s registered broker-dealer platform built on Solana, and settlement of trade proceeds is made in the stablecoin USDC (USDC). Liquidity provision is handled by **Jump Trading**. Each token is fully collateralized by one share of the underlying physical stock.

Eligible participants are limited to qualified investors in the United States, the European Union (EU), and other permitted jurisdictions. Investors must pass pre-onboarding procedures, identity verification (KYC), and anti-money laundering (AML) screening. Current trading begins with extended trading hours (before and after regular hours), and the announced start date for “24 hours, 7 days a week (24/7)” trading has not yet been set.

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Domingo emphasizes a structure that guarantees shareholder rights

Tokens issued by Securitize are classified as “Security Entitlements” — investment securities — governed by Article 8 of the Uniform Commercial Code (UCC) in the United States. Through this structure, the company says that related shareholder rights, such as dividends and voting rights, are maintained. The physical shares held as collateral are not used in lending/borrowing transactions.

However, token holders are not immediately entered as shareholders on the books of the underlying company. Only when the underlying company introduces tokenization via the transfer agent that partners with Securitize does an option open up to convert the tokens into physical shares and register the holder’s name.

The size of on-chain tokenized stock already exceeds $3 billion, according to RWA.xyz data.

Carlos Domingo, Chairman and CEO of Securitize, emphasized that tokenized stocks must “offer investors something more than a wrapper product that merely tracks the stock price and is sold only overseas.” He explained that unlike simple price-tracking products, the company’s tokens embed a substantial portion of the rights, disclosures, and investor protection mechanisms typically associated with ordinary shares. In practice, some stock tokens sold abroad often track only the stock price and do not grant dividend and voting rights, among other features.

**Nick Ducoff**, **Head of Institutional Business at the Solana Foundation**, said that tokenized stocks “open a path for anyone around the world to access stock investing at internet scale.”

Listing plans for the NYSE and OKXICE digital markets

Securitize expects these tokens to be listed on the **24/7 digital trading platform** that the **New York Stock Exchange (NYSE)** is preparing in the future, as well as on a platform being promoted by OKX and NYSE parent company **Intercontinental Exchange**’s joint venture, OKXICE. However, neither platform has officially launched yet, and listing depends on regulatory authorities’ approval.

Securitize entered into a preliminary agreement with the NYSE in March and agreed to collaborate on building the digital platform. After that, Securitize completed a merger with a SPAC sponsored by **Cantor Fitzgerald**, and began its NYSE listing under the ticker **“SECZ”** starting July 2. On the same day, the company also directly tokenized its own shares on the Solana and Avalanche (AVAX) network.

On September 17, the U.S. Securities and Exchange Commission (SEC) granted an innovation exemption, opening a regulatory pathway for tokenized securities trading platforms, and OKXICE officially notified the authorities of the plan this week.

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