CoinDesk
Securitize (SECZ) tokenized roughly $295 million of its own common stock on Solana and Avalanche on Thursday, the same day the BlackRock- and ARK-backed tokenization specialist began trading on the New York Stock Exchange after its SPAC merger with Cantor Equity Partners II. SECZ closed its first session up 10%, and onchain data from RWA.xyz puts the issuer-sponsored tokenized float at $295 million, the largest of any issuer-sponsored tokenized stock at launch.
The onchain shares represent the same common stock trading on the NYSE rather than a separate class of securities, available to eligible U.S. investors through Securitize's regulated platform after KYC. CEO Carlos Domingo framed the move as a deliberate counter to third-party wrapped stock products: tokenizing SECZ on day one is meant to show that issuers can put real shares onchain directly, without synthetic wrappers.
Why it matters
Securitize has spent years building tokenization infrastructure for BlackRock, Apollo, KKR, Hamilton Lane and VanEck, and earlier this year NYSE parent Intercontinental Exchange (ICE) tapped the firm to build tokenized-equities rails alongside Computershare and Continental. The debut turns the platform into its own reference customer, and the issuer-versus-wrapper distinction is the strategic wedge. Citi has projected tokenized securities could reach $5.5 trillion by 2030, with Boston Consulting Group and Ripple modeling $18.9 trillion by 2033, and Domingo argued that growth only materializes if issuers, not just crypto-native wrappers, control the rails.
Market impact
SOL and AVAX get a high-profile public-equity use case on day one of a US listing, with $295M of tokenized SECZ sitting directly on their networks rather than on a private chain. For Solana specifically, the flow lands on a chain already positioning around RWA rails, while Avalanche has been courting institutions with its subnet architecture. Watch whether other newly public firms follow SECZ's issuer-sponsored template, and whether ICE's tokenization partnership with Securitize produces a second issuer migrating to blockchain rails before year-end.
Frequently asked questions
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What did Securitize actually launch?
Securitize tokenized roughly $295 million of its own common stock on Solana and Avalanche on the same day it began trading on the NYSE as SECZ following its SPAC merger with Cantor Equity Partners II.
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Are the onchain SECZ shares real shares?
Yes. Securitize said the tokenized SECZ represents the same common stock trading on the NYSE, not a separate class of securities, and is available to eligible U.S. investors through its regulated platform after KYC.
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How does this differ from existing tokenized stock products?
Securitize framed SECZ as issuer-sponsored tokenization by the company itself, positioned against third-party wrapped or synthetic stock products that have dominated the market so far.
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Why does the launch matter for Solana and Avalanche?
Roughly $295 million of tokenized SECZ now sits directly on SOL and AVAX rather than a private chain, giving both networks a high-profile public-equity use case tied to a U.S. listing on day one.
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What's the broader tokenization market context?
Citi has projected tokenized securities could reach $5.5 trillion by 2030, while Boston Consulting Group and Ripple have modeled $18.9 trillion by 2033, as banks and asset managers increasingly issue funds, bonds and equities on blockchain rails.
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