Crypto News Today (July 3): BTC Surges Back Above $60K, Securitize Goes Public on the NYSE and Ondo Finance Launches IVV and Micron Tokenized Stocks

RWA Signal Insight
StocksSecuritize has officially gone public on the New York Stock Exchange under the ticker SECZ, marking a significant milestone as the first company to launch tokenized shares on the Solana and Avalanche networks concurrently with its stock market debut. This move allows for 24/7 trading of company shares, bypassing traditional market hours and enhancing global accessibility. Simultaneously, Ondo Finance has introduced tokenized versions of BlackRock’s iShares Core S&P 500 ETF and Micron stock on the Ethereum blockchain. These assets utilize a third-party custody framework, with Oasis Pro TA acting as the SEC-registered transfer agent to ensure 1:1 backing by traditional securities. By leveraging existing US capital markets infrastructure, Ondo enables investors to retain traditional rights like voting and corporate communication access. These developments represent a major shift toward integrating regulated financial products with public blockchain technology. The ability to tokenize US-listed securities without direct issuer involvement signals a maturing RWA market that prioritizes regulatory compliance and institutional-grade custody. This dual advancement by Securitize and Ondo Finance underscores the growing trend of bridging traditional equity markets with decentralized ledger technology.
Key points
- Securitize listed on NYSE as SECZ, launching tokenized shares on Solana and Avalanche.
- Ondo Finance tokenized BlackRock’s IVV and Micron stock on Ethereum using SEC-compliant custody.
- Oasis Pro TA serves as the SEC-registered transfer agent for Ondo’s tokenized securities.
- Securitize manages over $4 billion in real-world assets under management.
Background
Securitize is a prominent digital asset securities firm that provides infrastructure for issuing and managing tokenized private and public assets. Ondo Finance is a protocol focused on bringing institutional-grade financial products on-chain, often utilizing regulated custodians to bridge traditional finance with blockchain efficiency.