Securitize Tokenizes Its Own NYSE Shares on Solana and Avalanche on Listing Day

Securitize tokenizes its own stock on day one of NYSE debut — a first for a newly public company Securitize, the BlackRock-backed tokenization platform, made history by issuing tokenized versions of its own common stock on the same day it began trading on the New York Stock Exchange. The company launched blockchain-based shares of its NYSE-listed stock (ticker: SECZ) on Solana and Avalanche, saying U.S. investors eligible under its regulated platform can buy the tokens that represent the same common stock that trades on the NYSE. Why this matters - First-of-its-kind move: Securitize says it’s the first newly public company to put its own equity onchain on the very first trading day, and that this onchain SECZ already ranks as the largest tokenized stock by shareholder participation. - Not a new share class: The tokenized SECZ tokens represent the identical common stock that trades on the NYSE — tokenization changes only the ownership format. All legal, contractual and transfer restrictions that apply to the underlying stock remain in force. - Regulated access: Eligible U.S. investors can access tokenized shares through Securitize’s regulated platform, underlining the company’s push for issuer-sponsored, compliant tokenized securities. Deal context and finances - Listing followed approval of Securitize’s merger with Cantor Equity Partners II. Fewer than 30% of Cantor SPAC shareholders redeemed, leaving more than 71% of the trust intact before close. - The transaction is expected to generate roughly $400 million in gross proceeds, including PIPE financing (before transaction costs). That financing included an oversubscribed $225 million private investment round. Market reaction and macro tailwinds - SECZ shares jumped more than 10% in their first session, climbing above $12 (per Yahoo Finance). The move coincided with a Bitcoin rebound to about $62,000, which lifted several publicly traded crypto-related firms. - Securitize expects to build an onchain shareholder base from day one and anticipates more market infrastructure and functionality to follow as regulated tokenized securities mature. Product expansion and partnerships - Securitize is expanding beyond tokenized money market funds. Ethena Labs plans to allocate $250 million to Securitize’s tokenized AAA-rated collateralized loan obligation (CLO) fund after it expanded to Solana. - That CLO fund invests in U.S. dollar–denominated AAA-rated tranches, with BNY serving as custodian of the underlying assets and acting as sub-adviser through BNY Investments. Broader industry trend - Securitize’s move echoes growing institutional interest: asset managers such as BlackRock and Franklin Templeton have pushed into tokenized money market funds, underscoring broader momentum for bringing traditional financial products onto blockchain rails via regulated platforms. Bottom line: By putting its own publicly traded shares onchain at the moment of listing, Securitize is testing the model it has long promoted — issuer-sponsored, regulated tokenization of traditional financial assets — and giving markets an early example of how share ownership and settlement might evolve on blockchain networks.