Securitize Launches Tokenized U.S. Stocks on Solana
- Securitize has introduced tokenized U.S. stocks on the Solana blockchain, backed by a one-to-one share ratio and settled in USDC.
- The tokens offer economic rights such as dividends and voting, unlike synthetic products that only track stock prices.
- Trading will initially occur during extended hours with plans for eventual transition to a potential 24/7 trading model.
- The New York Stock Exchange and OKX-ICE are expected to provide additional distribution channels for these tokenized equities.
- Liquidity support will be provided through Securitize’s Solana-based PropAMM with Jump Trading as the market maker.
Securitize’s launch of tokenized stocks on Solana marks a significant step in merging traditional equities with blockchain technology, offering investors real shares alongside regulated brokerage services and market-making capabilities.
This development could transform how stocks like Apple and Nvidia are traded by integrating them into the blockchain ecosystem, expanding access beyond crypto-native platforms to regulated venues like NYSE and OKX-ICE.(Source)