Securitize brings Apple, Nvidia and Tesla to Solana, with NYSE trading in the works
RWA Signal Insight
StocksSecuritize has launched 'Securitize Stocks' on the Solana blockchain, enabling the trading of tokenized shares for 12 major U.S. companies including Apple, Nvidia, and Tesla. The initiative utilizes USDC for settlement and leverages Jump Trading to provide necessary liquidity for the platform. These tokens are structured to maintain economic benefits such as dividends and voting rights, representing security entitlements backed by actual shares. The project aims to bridge traditional capital markets with blockchain efficiency, supporting faster settlement and potential use as collateral in on-chain lending. Future plans include integration with the New York Stock Exchange's proposed 24/7 digital trading platform and the OKX-ICE joint venture. This development follows the SEC's recent introduction of an 'innovation exemption' designed to facilitate tokenized securities trading venues. By bringing equities on-chain, Securitize seeks to provide global investors with broader access to U.S. markets while adhering to established investor protections.
Key points
- Securitize launched tokenized shares for 12 U.S. companies on the Solana blockchain.
- Trading utilizes USDC for settlement with liquidity provided by Jump Trading.
- Tokens are backed by actual shares, preserving dividends and voting rights for holders.
- Integration is planned for the NYSE's digital platform and the OKX-ICE joint venture.
Background
Securitize is a prominent tokenization firm that specializes in issuing and managing digital securities on public blockchains. The company provides infrastructure that bridges traditional financial assets with decentralized finance, ensuring compliance with regulatory standards while enabling 24/7 trading capabilities.