Securitize brings 12 US stocks to Solana with NYSE and OKXICE expansion planned
Key points
- Securitize has introduced Securitize Stocks, covering 12 US equities including Apple, Nvidia, Tesla and Microsoft, with each token backed one-for-one by an underlying share on the Solana blockchain.
- Jump Trading is supplying liquidity and transactions settle in USDC stablecoin, with RQD managing clearing, custody and settlement infrastructure linking tokenised shares to traditional markets.
- Expansion to NYSE's planned 24/7 digital trading platform and the OKXICE Tokenized Securities Venue remains contingent on those venues launching and meeting regulatory requirements.
- Tokens carry shareholder rights including dividends and voting rights but represent security entitlements rather than direct ownership on a company's shareholder register, with direct conversion potentially available if issuers adopt tokenisation.
- The launch follows the SEC's introduction of an innovation exemption last month intended to open a regulatory pathway for blockchain-based securities trading venues, signalling a shift in the US regulatory posture toward tokenised equities.
Securitize has launched a product called Securitize Stocks, placing tokenised versions of 12 major US equities, including Apple, Nvidia, Tesla, Microsoft, Amazon, Alphabet, Meta, Netflix, Circle, Strategy and Palantir, onto the Solana blockchain. Each token is backed one-for-one by an underlying share and is structured to carry standard shareholder rights, including dividends and voting rights, though the tokens represent security entitlements rather than direct registry ownership. Jump Trading is providing liquidity, settlements are denominated in USDC, and RQD is handling the clearing, custody and settlement infrastructure that connects the tokenised shares to conventional securities markets. Ripple Prime has indicated it plans to explore institutional uses for the assets.
Trading begins on Securitize’s existing Solana-based PropAMM platform, with expansions to the New York Stock Exchange’s planned 24/7 digital trading venue and the OKXICE Tokenized Securities Venue, a joint venture between Intercontinental Exchange (ICE) and OKX, both listed as forward objectives subject to those venues launching and satisfying regulatory requirements. Chief Executive Carlos Domingo framed the product as a bridge between present-day securities market infrastructure and a future in which issuers themselves participate directly in tokenisation.
The timing is notable: the Securities and Exchange Commission (SEC) rolled out an innovation exemption last month to create a regulatory pathway for new blockchain-based securities trading venues. Securitize, which listed on the NYSE in June and has previously issued roughly $4.5 billion in tokenised assets, including BlackRock‘s first blockchain-based money market fund, is positioning this launch at the intersection of that emerging regulatory opening and growing institutional appetite for around-the-clock equity trading and onchain collateral use.