CoinDesk
Securitize is bringing 12 U.S. stocks, including Apple, Nvidia, Tesla and Microsoft, to Solana through its Securitize Stocks platform. The tokens will be backed one-for-one by underlying shares and designed to preserve economic benefits and applicable shareholder rights, including dividends and voting rights.
Trading will begin on Securitize's Solana-based PropAMM platform, with Jump Trading providing liquidity. Transactions will settle in USDC, while RQD supports clearing, custody and settlement. The initial lineup also includes Amazon, Alphabet, Meta, Netflix, Circle, Strategy and Palantir.
Why it matters
Tokenized equities could bring extended-hours and eventually 24/7 trading, faster settlement and the possibility of using stocks as collateral in onchain lending. Securitize says the tokens represent security entitlements, not direct ownership on a company's shareholder register. Conversion may become available if issuers adopt tokenization.
The launch arrives as the SEC explores an innovation exemption for tokenized securities venues. Meanwhile, the NYSE's planned 24/7 digital trading platform and the forthcoming OKXICE Tokenized Securities Venue could extend distribution, but both integrations depend on those venues launching and meeting regulatory requirements.
Market impact
The rollout adds a new route for eligible investors in the U.S., Europe and other permitted markets to access tokenized shares, initially during extended market hours, with 24/7 access planned. Ripple Prime plans to explore institutional uses for the assets.
For Solana, the product puts major U.S. equities onto its blockchain-based trading infrastructure. Its broader reach will depend on regulatory approval, venue launches and whether investors and institutions use tokenized shares beyond initial trading.
Frequently asked questions
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Which companies are included in Securitize Stocks?
The initial 12 include Apple, Nvidia, Tesla, Microsoft, Amazon, Alphabet, Meta, Netflix, Circle, Strategy and Palantir.
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How will the tokenized shares be backed?
Each token is designed to be backed one-for-one by an underlying share and preserve applicable economic benefits and shareholder rights, including dividends and voting.
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Do the tokens give holders direct ownership on a company's shareholder register?
No. Securitize says the tokens represent security entitlements rather than direct ownership on the company's shareholder register. Conversion may become available if issuers adopt tokenization.
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Where will trading and settlement happen initially?
Trading will begin on Securitize's Solana-based PropAMM platform, with Jump Trading providing liquidity and transactions settling in USDC.
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What must happen before NYSE and OKXICE trading can begin?
The planned expansions depend on the NYSE digital platform and OKXICE venue launching and meeting regulatory requirements.
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