StoneX lifted its price target for Securitize to $18 from $12, a 50% increase, after the launch of the Securitize Stocks platform that tokenizes Apple, Nvidia and Tesla shares on Solana with USDC settlement. The firm projects the new platform will generate nearly $120 million in revenue in 2027 and almost $200 million in 2028, implying roughly 65% annual growth.
On Monday, Securitize shares fell about 10%, putting the new $18 target roughly 45% above the current price, and StoneX's $18 target implies a 14.5-times enterprise-value-to-revenue multiple based on the 2028 forecast.
#SolanaETFsEnd14WeekInflowStreak #Tokenization #Securitize
$SOL
On Monday, Securitize shares fell about 10%, putting the new $18 target roughly 45% above the current price, and StoneX's $18 target implies a 14.5-times enterprise-value-to-revenue multiple based on the 2028 forecast.
#SolanaETFsEnd14WeekInflowStreak #Tokenization #Securitize
$SOL