StoneX raises Securitize price target 50% as tokenized stock platform opens new revenue stream

StoneX analyst Mark Palmer has raised the price target for Securitize (SECZ) from $12 to $18, citing the potential for significant revenue growth following the launch of its tokenized stock trading platform. The platform, which debuted last week, allows users to trade tokenized versions of major equities like Apple, Nvidia, and Tesla on the Solana blockchain. Transactions are settled using USDC, with each token backed one-for-one by the underlying shares to ensure holders retain dividend and shareholder rights. Previously, Securitize primarily generated revenue through integration fees, failing to monetize the bulk of its $5.3 billion in quarterly transaction volumes. By transitioning into a market operator, the company is now positioned to capture transaction and servicing fees, which StoneX projects will drive revenue to nearly $120 million by 2027. This shift in business model is expected to support a 65% annual growth rate through 2028. Despite a 10% dip in share price on Monday, the new target reflects a bullish outlook on the firm's ability to scale its tokenized asset infrastructure.