The firm tokenized its NYSE-listed shares on blockchain networks, marking the largest issuer-sponsored tokenized stock at launch.
Securitize tokenized $295 million of its own common stock on Solana and Avalanche, coinciding with its New York Stock Exchange debut. The move allows eligible U.S. investors to trade the same shares on-chain via its regulated platform, rather than a separate security class.
The tokenized shares represent the first instance of a newly public company issuing its stock on blockchain rails on its first trading day. The effort aligns with broader Wall Street trends toward asset tokenization, as firms explore blockchain-based models for traditional equities.
Securitize, backed by BlackRock and ARK Invest, trades under the ticker SECZ. The firm’s shares rose 10% during Thursday’s session, reflecting investor interest in the tokenization initiative.