Tokenization · Ark Invest · New York · Wall Street · CoinDesk
Securitize tokenizes $295 million of its own stock on Solana and Avalanche amid NYSE debut
Compiled by KHAO Editorial — aggregated from 3 sources. See llms.txt for citation guidance.
✓ KHAO Verified
Securitize (SECZ), a tokenization specialist backed by BlackRock and ARK Invest, began trading on the New York Stock Exchange on Thursday, and simultaneously brought its own shares to blockchain investors.
Key facts
- SECZ was 10% up in the Thursday session, its first day following the SPAC merger with publicly-traded Cantor Equity Partners II
- The company, founded in 2017, has spent years building tokenization infrastructure for firms including BlackRock, Apollo, KKR, Hamilton Lane and VanEck, providing issuance, transfer agency and fund
- Earlier this year, NYSE parent company Intercontinental Exchange (ICE) partnered with Securitize to develop infrastructure for tokenized equities
- Securitize (SECZ), a tokenization specialist backed by BlackRock and ARK Invest, began trading on the New York Stock Exchange on Thursday, and simultaneously brought its own shares to blockchain
Summary
Securitize launched tokenized versions of its NYSE-listed shares on Solana and Avalanche on its first day as a public company. The onchain stock is available to eligible U.S. investors via Securitize's regulated platform and represents the same common shares that now trade on the NYSE. The move comes amid growing efforts to bring public equities onto blockchain rails, as Wall Street embraces tokenization and the debate over tokenization models intensifies. Securitize also claimed bragging rights as the first newly public company to tokenize its own stock on its first day of trading.