Traditional capital markets are connecting directly with the crypto world. Securitize has launched its Securitize Stocks product on the Solana blockchain, bringing a slate of major US corporate shares into crypto infrastructure.
This initial launch phase issues 12 US corporate stocks as tokens. The list of available issuers includes Apple, Nvidia, Tesla, Microsoft, Amazon, Alphabet, Meta, Netflix, Circle, Strategy, and Palantir. Trading for the tokenized stocks has opened via Securitize’s platform operating on the Solana network.
Jump Trading has stepped in as the primary liquidity provider to maintain order book depth in the early market. At the same time, the entire transaction settlement process runs directly using the USDC stablecoin.
The US Securities and Exchange Commission’s (SEC) innovation exemption framework paved the way for this cross-industry product. The SEC rule provides a pathway for securities to be legally traded using blockchain technology without violating regulations.
Dividend and Voting Rights Remain Intact
Buying shares in the form of crypto tokens does not dilute basic investor rights. Every tokenized share issued by Securitize is backed 1:1 by actual physical shares held in custody with designated institutions.
Securitize designed the tokenization system using a security entitlements structure. Through this mechanism, crypto buyers are guaranteed to hold all economic rights in the respective companies. Tokenized stock holders are fully entitled to receive dividend distributions and exercise voting rights, just like investors trading on conventional stock exchanges.
RQD reinforces the structure by providing clearing, custody, and settlement infrastructure to traditional securities markets. This hybrid model has also attracted institutional interest; Ripple Prime is currently exploring the integration of Securitize Stocks assets into its institutional client product offerings.
Eyeing 24-Hour Trading on the NYSE
Securitize’s move on Solana is only the first phase. The company has already mapped out plans to expand tokenized stock trading to institutional venues with deeper liquidity pools.
Securitize is targeting the New York Stock Exchange’s (NYSE) digital trading platform, which is capable of operating 24 hours a day. They are also eyeing OKXICE, a digital stock trading venue born out of a partnership between the Intercontinental Exchange (ICE) and crypto exchange OKX.
Plans to list these assets on traditional exchanges signal a shift in how asset transactions are settled. Corporate equities are now being pushed into around-the-clock systems powered by blockchain-based ledger technology.
Reported by CoinDesk.
Read also: What Is DeFi (Decentralized Finance)?
Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
