Securitize Stock Surges 10% on Tokenized US Equities Launch on Solana

Securitize shares climbed roughly 10% on Thursday after the company launched Securitize Stocks, a new product offering tokenized versions of major U.S. equities on the Solana blockchain. The offering includes tokenized shares of 12 publicly traded companies, including Apple, Nvidia, Microsoft, and Tesla. Each token is backed one-for-one by underlying shares and preserves shareholder benefits such as dividends and voting rights, structured as security entitlements under Article 8 of the Uniform Commercial Code.

Trading will initially be available during extended market hours through Securitize's registered broker-dealer platform, with plans to expand to round-the-clock trading on an unspecified timeline. The tokens will settle in USDC on Solana, with Jump Trading providing liquidity through market-making services. Securitize also announced plans to make the assets available on tokenized securities platforms being developed by the New York Stock Exchange and OKXICE, though neither has confirmed a launch date.

The company is exploring broader use cases for the tokenized equities beyond trading. Ripple Prime plans to support the launch and integrate the assets into its institutional trading services, while decentralized lending protocol Aave has been identified as a potential venue for using the tokenized stocks as collateral. Thursday's rally marked the second sharp intraday gain for Securitize in a single week, following an 8% jump on Tuesday after the company announced a partnership with South Korean technology firm LG CNS to develop tokenized funds, equities, and stablecoins for financial institutions. Securitize shares have gained approximately 54% over the past month, according to Yahoo Finance data.